NY Governor Cuomo Will Ask Feds to Cover Sandy Storm Costs

New York Governor Andrew Cuomo said on Wednesday he would ask the U.S. federal government to reimburse up to 100 percent of state and local government costs for cleaning up and repairing damage from massive storm Sandy that hit the state this week.
November 1, 2012
 

New York Governor Andrew Cuomo said on Wednesday he would ask the U.S. federal government to reimburse up to 100 percent of state and local government costs for cleaning up and repairing damage from massive storm Sandy that hit the state this week.

In a letter to President Barack Obama, Cuomo said "initial estimates project up to $6 billion in lost economic revenue in the greater metropolitan area and the state" due to disruption to business in the world's financial hub.

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