President Obama Requests $60B for Hurricane Sandy Relief

Plan needs congressional approval

President Obama has requested $60.4 billion in federal aid to help homeowners, businesses, and government recover after Hurricane Sandy. It includes "essential mitigation" to protect the region, and at least $13 billion for new storm protection. But officials in New Jersey and New York, the most affected states, believe more money may be needed in the future. The funding "will enable our states to recover, repair, and rebuild better and stronger than before," Gov. Christie and New York Gov. Andrew Cuomo said in a statement. "We thank President Obama for his steadfast commitment of support," they said. (Philly)

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