Costly Storm: Bloomberg Asks For $10-Billion In Sandy Relief
Description:The city is seeking $9.8 billion from the feds to rebuild and recover from Hurricane Sandy, which cost the city $19 billion, Mayor Michael Bloomberg announced today.
"I am hopeful that together with our partners in the federal government, we will be able to secure the necessary resources for a successful recovery. Therefore I am requesting your assistance in securing supplemental and expedited funding for the City of New York," the mayor said.(1:10)