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New York lobbies for $42 billion in Sandy disaster aid
Screw ‘em. A republican is never going to get either states votes and the democrats have basically declared war on the republicans anyway. When they realize that compromise is a two way street then maybe talk. In the meantime let them take care of themselves.
Give in and twenty four hours later they will be condemning the republicans anyway.
if they want 50 billion dollars, borrow it from their own state government. should be no reason to cripple another state for another states bad luck.
Is there any math behind this request such as past insurance payments, public and state responsibilities, where this large sum is needed to be spent on?
Federal assistance is clearly warranted? Really.
$42 Billion? Seems like an overly large amount of $. What’s with the free ride?
Wow – most people commenting just don’t understand the federal budgets. Im reading screw ‘em, federal assistance, borrow from their own state. Folks, New York is one of the main reasons America is great and fields a leading army. Sure New York city and State might run minuscule deficits with their income tax of 1% and 3% – but lets look at the average of 35% that New York pays to the federal government. It pays in almost $100 Billion dollars more than it gets back. Why – because while New York city provides citizens services, New York barely gets anything back from the country. Other states get 1,000,000′s of miles of highways, airports, research centers, army bases, etc – while New Yorks economy has very little federal spend; its mostly private.
Let me say that again – $100,000,000 credit. So I don’t know how people can comment that they are looking for handouts? Lets put this in perspective, states like – Florida, Alabama, & Mississippi might have state surplus’s but they are debtors to the Federal government. They all take more than they pay. Guess which state is the biggest creditor? Yep California which also pays in more than $100,000,000 in fed taxes than it receives.
I get upset when red states attack blue states for running deficits trying to take care of big cities. They forget these same cities generate most of the tax revenue for the rest of the country. If California or New York were independent countries they would instantly balance their books and have a surplus of billions. New York could then develop a modern infrastructure like London, Hong Kong, Shanghai or many other cities – instead it pays its fortunes to build bridges in Alaska, Libraries in Oklahoma, & Highways in Florida. All handouts while our leading cities are bled to death giving handouts to rednecks and lose out to Asia.
@John2244 – good argument.
You may also consider the NY/CA dependence of source of their revenues being tied to the resources of the rest of the nation in the first place, both in real-estate, resources and goods that they routinely trade/trasport, consumption by the rest and the like.
With all the lessons learned in the past with Katrina and the like, the federal support for both NY/NJ were perhaps, the best in the history in timeliness, support of other states in restoring the power and the like.
A combination of some federal funds combined with tax subsidies, should help rebuild any infrastructure damages over time. All the best.

