December 12, 2012 in Nation/World

Senate Dems offer Sandy disaster aid package

Andrew Miga Associated Press
 

WASHINGTON (AP) — Senate Democrats have quickly cobbled together a $60.4 billion disaster aid package for New York, New Jersey and other states hit by Superstorm Sandy in late October.

Working from the emergency spending request President Barack Obama made five days ago, the Senate Appropriations Committee on Wednesday released draft of the legislation.

While the bill calls for $60.4 billion, the Congressional Budget Office estimates that only about $9 billion would be spent over the next nine months. An additional $12 billion would be spent the following year.

The bill is laden with big infrastructure projects that often require years to complete.

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