Congress Completes $60.2 Billion in Hurricane Sandy Aid
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Congress completed a $60.2 billion aid package to help rebuild communities devastated by Hurricane Sandy three months after the storm struck the U.S. Northeast.
The Senate cleared the legislation 62-36 yesterday. It will provide $50.5 billion for victims’ needs and rebuilding of roads, bridges and mass-transit systems. The bill goes to President Barack Obama for his signature. In addition, Congress passed a $9.7 billion increase in the national flood insurance fund’s borrowing authority on Jan. 4.