Obama to Sign $50.5 Billion Sandy Aid Package

Ad Feedback

Congress has approved a $50.5 billion emergency aid package to help victims of Superstorm Sandy.

Sandy has been blamed for more than 130 deaths and billions of dollars in residential and business property damage.

The Senate cleared the measure Monday in a 62 to 36 vote, after House Republicans had stripped it earlier this month of spending unrelated to the disaster.

Northeast lawmakers say the money is desperately needed to help recovery efforts from one of the region's worst storms. The House passed the bill two weeks ago.

Most of the money will provide aid to people and business owners whose homes and property were damaged or destroyed.

More than $11 billion will go to the Federal Emergency Management Agency's disaster relief fund for Sandy and other disasters. Ten billion is directed at repairing New York and New Jersey transit systems.

President Obama said he would sign the bill as soon as it reaches his desk.

"While I had hoped Congress would provide this aid sooner, I applaud the lawmakers from both parties who helped shepherd this important package though," Obama said in a statement Monday.

Log in or create an account to post a comment.  


Are you seeking answers in life? Are you hurting? Are you facing a difficult situation?

Find peace with God, discover more about God or send us your prayer request.

Call The 700 Club Prayer Center at 1 (800) 823-6053, 24 hours a day.

A caring friend will be there to pray with you in your time of need.

CBN News


CBN News is a national/international, nonprofit news organization that provides programming by cable, satellite, and the Internet, 24-hours a day. Follow us on Facebook, Twitter, and Google+.