The White House will ask Congress to approve $60.4 billion in emergency funding to help New York, New Jersey and neighboring states recover from Superstorm Sandy, according to sources.
Gov. Andrew Cuomo has been talking with the White House throughout the day, and he expected to hold a news conference with Sen. Charles Schumer later today to applaud the plan.
The governors of New York, New Jersey and Connecticut have said they will need a total $82 billion to rebuild.
Of that amount, $79 billion would go to New York and New Jersey, Brian Tumulty of Gannett’s Washington Bureau reports.
The Federal Emergency Management Agency currently has more than $4 billion in its Disaster Relief Fund, FEMA Administrator Craig Fugate recently told members of a Senate subcommittee.
Fugate said his agency has received more than 490,000 applications for assistance from victims of Sandy and has provided more than $1 billion in disaster aid.
Reps. Nita Lowey and Peter King said they were pleased with the aid request, calling it a first step.
“President Obama has acted quickly and worked closely with Governor Cuomo and the New York delegation on emergency supplemental appropriations to help states affected by Tropical Storm Sandy,” the statement read.
“While more may be needed in the long term, this robust package is a major first step that we will work to pass as quickly as possible in Congress to help devastated communities, families and businesses.”