Christie Says New Jersey Sandy Damage Now $36.8 Billion
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New Jersey Governor Chris Christie said the financial toll from Hurricane Sandy has risen 25 percent since last week, to $36.8 billion, as he named a former colleague to oversee recovery efforts.
The estimate, up more than $7 billion from a preliminary figure of $29.4 billion that Christie gave on Nov. 23, reflects costs to rebuild and prevent future damage. New York Governor Andrew Cuomo is seeking $41 billion in federal aid for Sandy, which includes $9 billion for mitigation.