In the bill to cover expenses related to the devastation from Hurricane Sandy, the Obama administration is requesting $13 billion to cover storms to be named later.
“Mitigation Projects: In addition to the funds necessary for recovery and repair of damage caused by Hurricane Sandy, the Administration estimates an additional $12,970 million [thousands of million] is necessary for mitigation projects to reduce the risk of damage from future disasters,” writes Office of Managment and Budget director Jeffrey Zients in a letter to House speaker John Boehner.
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