.

Hurricane Sandy Cost: $29.4 Billion; State Seeks Fed Help

Christie administration promises to rebuild

The most severe and destructive storm to ever hit the Jersey Shore also left a record-high price tag: $29.4 billion in damages.

The Christie administration has completed a preliminary analysis that puts the price of Sandy's destruction at the costly figure.

The estimate will be further refined in the days ahead, officials say.

The preliminary number is based on empirical data, field observations and geographical mapping, and supported by "expert advice" from the administration's cabinet members and an outside consulting company, said Governor Christie.

“In a short period of time, we put together a comprehensive and responsible estimate, which may increase in the weeks ahead, and I stand ready to work with our Congressional delegation and the Obama administration to get the funding support New Jersey expects and deserves in the aftermath of this catastrophe," Christie said. 

Sen. Frank Lautenberg, D-N.J., said he talked to Christie about the preliminary cost analysis, and promised to try to get funding help.

"This cost analysis is a critical step in our effort to move a strong emergency funding package forward in Washington," he said. "The people of New Jersey can rely on the congressional delegation to work with the Obama Administration, Governor Christie and our colleagues to deliver the funding necessary for New Jersey families, communities and businesses to recover and rebuild so that we're stronger than ever before."

Lautenberg is the vice chairman of the Senate Appropriations Subcommittee on Homeland Security, and a member if the full Appropriations Committee, which will write the Sandy emergency funding package.

The governor said he will continue to provide immediate relief for New Jersey residents who were struck hard by Sandy.

“But, be assured, I will spare no effort and waste no time to rebuild and restore our tourism industry, our transportation and utilities infrastructure and the lives of our citizens for the long term,” he said.

The preliminary cost estimate is inclusive of aid received to date and anticipated from federal sources including FEMA and the Small Business Administration.

The estimate will likely be refined further to consider and include the long-term impact on the next tourism season, shifts in population, impact on real estate values and other factors, officials say.

katty wompus November 26, 2012 at 01:56 PM
Delaware state income tax is much higher than in NJ.
katty wompus November 26, 2012 at 02:01 PM
All of NJ is not polluted and overbuilt, just like all of Delaware is not a fetid swamp. You are not helping your cause on this forum.
Joe Taxpayer November 26, 2012 at 02:14 PM
FEMA is just another inefficent federal govment program like the postal service. It doesn't matter how much they hand out, its all borrowed from China anyway because we have a BUDGET DEFICIT thanks to $2.2 Trillion a year in entitlement spending!!! look it up. PS - how come no one cared when FEMA rebuilt New Orleans, a city that is BELOW sea level. Smart use of borrowed money NOT
grace November 26, 2012 at 03:00 PM
joyce its so sad what this storm has done and it has affected all who live on the east coast for those 1000 miles...please dont take this wrong ,but do you have someone at a church you can reach out to? even if just for some comforting words...god bless all who have been affected
suz November 26, 2012 at 04:11 PM
Joyce...LEAVE US ALONE!!!! We are suffering enough without your stupid comments! Stay in your little liberal/Obama/entitled state. Stop being so single minded and now you are the one who is being selfish!
Rick November 26, 2012 at 05:28 PM
As long as I remember nonresidents of these shore towns were called " bennies" and mocked and shunned.Driving home on Labor Day there were big hand made signs insulting other NJ residents who were not locals.But now they want us to pay to repair their personal paradise.They need our money now.I hope in the future my fellow NJ shore residents will think twice before acting like spoiled brats.
A Resident November 26, 2012 at 06:17 PM
Dominic, Bennies will still be called Bennies and yes, local people will be glad when the problems that "some" Bennies cause are gone at the end of the summer. And "we" don't want you to pay to repair our personal paradise...."we" are looking for FEMA to reimburse people. Ya, the same FEMA that your taxes go to is the same FEMA that OUR taxes go to as well.
Johnjcpa November 26, 2012 at 06:27 PM
I know a prince from Nigeria that could probably help. And he's as credible as you are.
Johnjcpa November 26, 2012 at 06:36 PM
Sorry, send my money to a Nigerian prince, but when he comes through I'll look into your story.
Realityhurts November 26, 2012 at 07:57 PM
Joe - FEMA is loaded up with mitigation rules (intended to reduce likelihood and severity of damage to property it funds for reconstruction, FEMA also does emergency planning, emergency response, and emergency recovery. This cannot be done more efficiently in the private sector or solely at the state or local level because interstate coordination is usually vital. As to your China debt comment - I know I am whistling into the wind trying to introduce reality into your imagination, but here goes: When you break down our debt by nation creditors - China holds about 7% and the goood ole USA holds nearly the entire balance....
Joe Taxpayer November 26, 2012 at 09:12 PM
Oh Ok reality! FEMA may be the only agency assigned but doesn't make them qualified or efficient. Clearly their track record tells us all otherwise. Let me fill you in, we spend $1 trillion plus a year more than we take it or looked at another way we spend 11 for every 7 we take in. For every $110 million FEMA spends, it borrows $40 million. It was then candidate Obama in 08 who claimed we took out a credit card from Bank of China to support our spending addiction. Perhaps you should let him know of your China comment. He needs to know because he keeps doing it over and over and over or was he just a liar.........see I just like repeating what he says since everyone believes it. Are you somehow justifying our obscene spending deficit and debt because we own it? Do you even know the difference between deficits and debt? We owe China $1.2 T and Japan about the same. So, we pay China and Japan interest on $2.4 T a year. Smoooooooooooooth!
Johnson November 27, 2012 at 12:48 PM
Joe Taxpayer, This is the problem. Those that had a problem with other government entitlements. Now does NOT have a problem because they are the ones who are in need this time. The same who complained about other government programs now has their hand out and it is ok.
Johnjcpa November 27, 2012 at 01:00 PM
I get a check every month from the VA and you're damn right I'm entitled to it.
Joe Taxpayer November 27, 2012 at 03:00 PM
No Johnson, that is not the real problem. People who pay fed inc taxes should have their government help them when they need it. We don't pay just for the heck of it. The problem is the government has handed out more than can ever be paid for and this dependency, this entitlement mentality is the problem. It's an addiciton of both the receiver and the giver who seeks power and wealth by pretending to care. 99 weeks of unemployment payments? Who pays for that? Social security tax cut but no reduction in future benefits? Who pays for that? Free healthcare? Who pays for that? It's all borrowed and put on future generations. How do you think we got to $16.3 trillion in debt growing to $25 trillion in 10 years? FEMA while inefficient and not self funding isn't the real problem. Its barely a rounding error in the Fed government. Medicare and welfare spending etc is. Medicare and Medicaid will spend $600 Billion more on 2013 than it will receive in dedicated Medicare taxes. That is the problem financially speaking. Obviously those receiving these benefits on borrowed funds don't care. Should we really borrow from future generations to give out stuff today knowing that the future can never pay it back? Should we keep borrowing trillions of dollars or is it time to balance the budget?
OKIwilltry November 27, 2012 at 09:23 PM
Joe - You take a way too simplistic approach. And at the risk of oversimplifying how so I'll get right to the heart of it: Government revenue and appropriations do not comprise a simple equation. There are multiple variables, exponants, etc. For example - the equation is invalid if you factor in just the actual cost of a program. You must factor in related variables including the expected cost of not doing the program, cutting it back, or enlarging it. So, again for example and using one of yours and assuming it is accurate - we cannot create a funding zeroed out (balanced) equation for annual medicare simply by eliminating the 600 million shortfall unless we factor in the costs of cutting that funding out and deciding that those costs are worth it. It could very well cost society more than 600 million if we eliminate those costs (treatment, meds, and countless other goods and servises - direct and indirect (indirect - providers, salespeople, manufacturing), that is. Similarly - in an earlier post you make the blanket statement that "rebuilding" New Orleans was bad budgetting/spending, etc....but you likely gave no consideration to the costs (real, present day, future, and opportunity) of not rebuilding it....I look forward to a reasonable response.
Joe Taxpayer November 27, 2012 at 09:46 PM
Too simplistic? Perhaps for illustration but the root cause is still the problem. Too much spending and allowing spending to continue to grow. For example, Medicare spending is still growing. At least freeze it. But thanks for adding that to the dialogue as it is important to note that while the spending is bad financially, it is (absent the waste) doing many other things that are beneficial but unsustainable. Just like defense spending pays soldiers, builds warships and planes and employs people in other sectors which if cut would have a snowball effect. I get it. Drastic cuts of any kinds will do damage. A phases approach is necessary. But the problem is still the problem. We spend and borrow too much. No amount of tax increases will balance the budget.
Joe Taxpayer November 27, 2012 at 09:48 PM
2/2 Listen carefully to the words from the pols. They speak of reducing the "deficit" which means if we spend $1 trillion too much, let's only spend $900 B too much. NONE OF THEM has a clue on how to tackle the "debt' that is exploding because of this spending. You have to stop spending. At a minimum freeze it. In 2022, interest costs on $20 T of debt will cost us $800 B a year up from $220 B now. Imagine wasting another 600 B a year just on interest because we allowed the debt to explode? The fundamental question is why have we let medicare spending exceed the dedicated revenues to the tune of trillions knowing all along it was unsustainable? When was it intended for income taxes to subsidize Medicare? If we just went back to 2008 spending levels of $2.8 T that would be a start. It wasn't that along ago that it doesn't make sense. Take all line items right back to 4 years ago. Have you seen the federal budget http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/tables.pdf Thanks for the contributions to the facts. Re Rebuilding NO. What costs to not rebuilding? Did the costs to build outweigh the costs not to? It's just gonna happen again.
Johnson November 28, 2012 at 03:23 AM
Everyone wants their entitlements and what is most important to them. It is always different when the shoe is on the other foot. Who decides who gets what and how much? Then What? Then the heck with everyone else.
OKIwilltry November 28, 2012 at 04:40 PM
Joe - Fair enough...your defense spending comment demonstrates that we are at least in the same chapter. Perhaps we agree too that neither of us knows what the solution is. What keeps us off the same page may be that i believe, that given the reality of our debt and the lingering significant effects of the last recession, short-term deficit spending it necessary to fully strenghen the economy. Once there we can work down the debt effectively and responsibly. This is not to say that we should delay cost saving efficiencies in current programs.
Joe Taxpayer November 28, 2012 at 05:31 PM
@Iwilltry Only those who don't understand spending = jobs think you can just gut the military or medicare and call it a day. First step is to admit the problem. We spend too much. Second step is develop a plan to spend less by first stop adding to spending and 2. reducing spending to prior levels - includes government, defense and entitlement spending across the board while incr revenues catch up. For the record, inc tax revs were higher in 12 than 11 by $40 B and corp taxes were $60 B higher for a net incr of $100 B in new tax income without raising rates in 2007, inc tax revenues were record highs $2.6T - yep all time highs - and the budget deficit was $160B. today, inc tax revenues are $2.45 T but the deficit is $1.2 trillion now. Annual spending increases are driving the deficits and thereby increasing the debt. Entitlement spending alone grow by $500 B a year from 08 to 12. Obama's social security tax cut is costing $200 B a year in deficit spending even though no reduction in future benefits was made. Who pays for this in the future both the borrowing cost and the actual payments? in 09, medicare/medicaid spending = $632B in 13, they will equal $811 B 16 projection, $1.04 trillion so from 09 to 16, Medicare/Medicaid spending will increase by 80% all on borrowed money Sustainable?
T. T. Shell November 29, 2012 at 09:48 PM
The commentary has sprung slightly off topic... For someone who is at 'ground zero' if u will, providing portable sanitation and hygiene solutions for displacement sites, the Red Cross and FEMA, the damage and suffering is unmeasurable. Please assist by donating whatever it is u can afford... even if it's $10.. follow this link http://www.mesawasteservices.com/ and click the Red Cross logo to donate to a shelter of your choosing... whether it's a displacement site for New Jerseyans, or your local Red Cross organization. Thank You...
Jack December 01, 2012 at 05:26 PM
ANYONE FROM SSH SEASIDE RESIDENTS LETS GET TOGETHER AND MAKE A DIFFERENCE With a large group, we can invite the media. Start making the town the way it should be before many good people abandon the town due to the neglect of its laws and lack of respect for its people. Close the bars early Enforce the ordinances for noice and health The time is now Contact me LETS MARCH TO CITY HALL AND DEMAND A CHANGE AFTER THE NEW YEAR
Jay Gee December 02, 2012 at 02:37 AM
RED CROSS IN SEASIDE THE OTHER DAY. PEOPLE COULD NOT FIND A PORTA-POTTY. THEY GOT A RATION OF WATER. AND, READY, THE FABULOUS, NUTRICIOUS, COLE SLAW AND PICKLES. WITH SMALL SANDWICH, AND CHIPS. THAT'S IT FOLKS. THEY HAVE OVER 131 MILLION DOLLARS. WHAT GOES ON. THIS IS A TRUE STORY FROM ONE WHO WAS THERE. THE PERSON DIDN'T TAKE THE STUFF, BUT DID TAKE THE WATER, AND IT WAS THE ONLY WATER THEY GAVE. IT WAS A KIT SORT OF THING THEY GAVE. THAT'S IT. I DON'T GET IT, WILL NEVER GET IT. OKAY, JACK, WHEN ARE WE LEAVING TO GO STORM THE MEETING??? SURE. MAYBE YOU ARE ONE OF THEM SCOUTING OUT WHO IS POSTING HERE. MAYBE YOUR LEGIT. WHO KNOWS...NO ONE WILL EVER KNOW.... CONTACT ME TOO!
Jack December 02, 2012 at 10:17 AM
Scout? Docyou think anyone that has a position in town cares about anything being sId on these boards I don't think so I am just completely fed up with the COMPLETE lack o respect for us residents. This town has "0" direction. No vision and they are killing my property value. Tired of the 20 somethings controlling the streets while the police look the other way unless a fight breaks out. The noise is horrendous until 5am weekends I've complained for years Nothing gets done NOW W SSH ON THE RADAR LETS TURN THE TIDE Matchup city hall and let them know that the town wants a chNge all while the media is coverin it otherwise they just continue to do it the way that they want with their small group of insiders that they continually reelect to hold the fort I know hundreds of people alone. They are waiting md ready All frustrated SSH residents, let's be heard. You hVe Ll seen the disregard for us residents as seen by the years of complaints while attending the POA meetings. It's a wear down process for us to complain to another inside group thAt eventuLly does nothing to push the mayor n council. They address questions and then do "0". Let's make a change
grace December 02, 2012 at 05:22 PM
jay gee you arent the only one questioning the red cross..ive heard the same from people from hoboken to forked river
Jay Gee December 02, 2012 at 07:34 PM
@JENNY JONES. YES, IT'S A REAL SHAME, IT'S AN AWFUL LOT OF MONEY. IT'S NOT JUST FOR SSH OR OUR AREA, BUT, STILL, OTHERS ARE COLLECTING. GOV. CHRISTIE, AND DONATING TO THEM, THEN BON JOVI AND SPRINGSTEIN ARE HAVING MORE THAN ONE CONCERT. WHAT AMOUNT OF THAT MONEY GOES WHERE AND TO WHOM AND FOR WHAT. ALL THESE POSTERS COULD PROBABLY HELP MORE PEOPLE WITH A FEW DOLLARS TOWARD THINGS LIKE HAVING KEYS MADE FOR NEW LOCKS FOR PEOPLE. BUNCH OF CLEANING SPONGES, ALL THINGS YOU WOULDN'T NORMALLY THINK OF, BUT PEOPLE WILL NEED...WHAT'S WITH THE PICKLES???? EVEN DRIED FRUIT OR NUTS IS BETTER THAN PICKLES...I MEAN IT'S BETTER THAN NOTHING, BUT, I JUST DON'T GET IT AND EVER, EVER WILL.
Jay Gee December 03, 2012 at 04:11 AM
@JOE........WELL, I CAN'T KEEP UP WITH ALL THAT INFORMATION...SO...TELL ME PLEASE....WHAT WAS THE COST OF THE WARS AND THE DAILY COST TO DATE BECAUSE THEY ARE STILL THERE DYING. HOW MUCH DOES THAT COST EACH DAY? AND OK U WILL TRY, NOPE, YOU DON'T KNOW WHAT THE SOLUTION IS....HOW YOU GONNA WORK DOWN THE DEBT. HOW CAN YOU TAKE AWAY ENTITLEMENTS? SOCIAL ISN'T ONE. WE'VE PAID INTO THAT. BUT WE'RE THREATENED THAT THERE WON'T BE ENOUGH FOR THE FUTURE. WHY???????? WHO HAS MADE THIS HAPPEN? CAN WE CHARGE THAT PERSON WITH A SUPER FINE? WHAT WOULD TAKE PLACE SHOULD ROMNEY HAVE WON POTUS? WHAT'S AN OBAMA, AND....MOST OF ALL...FACTS ARE FINE, BUT, PEOPLE ARE HUMAN, HURT, TROUBLED, SUFFERING, AND DON'T GIVE A CRAP ABOUT ALL THIS BANTER. WE NEED TO FIND OUT HOW TO AND WHAT TO DO WHAT IS BEST....FOR EVERYONE...OR AT LEAST EVERYONE OF THE 99%...CAUSE SURE AS HELL, THE 1% (MANY OF WHOM ARE POLITICIANS) AREN'T GOING TO WORRY ABOUT IT.... ADMIT THE PROBLEM.....THE PROBLEM IS BIGGER THAN WHAT WOULD BE ADMITTED. DEVELOP A PLAN.................WHO???????????????????????????? IS GOING TO DEVELOP THIS PLAN........POLITICIANS?...THEY WOULD RATHER ARGUE
no1nefjerseys January 31, 2013 at 11:23 AM
The same as a man to fight, walk the line, fear any opponent Here you can choose any can even wholesale cheap jerseys discount nfl jerseys nfl football jerseys Custom nfl jerseys Wholesale new era hats from China. We will sincerely serve you, let you have a happy and safe shopping journey, this is our aim. Welcome to our website www.no1nefjerseys.com wholesale cheap jerseys | http://www.no1nefjerseys.com discount nfl jerseys | http://www.no1nefjerseys.com/Nike-NFL-Jerseys-c124/ nfl football jerseys | http://www.no1nefjerseys.com/NCAA-Jerseys-c114/ Custom nfl jerseys http://www.no1nefjerseys.com/Customized-Jerseys-c116/ Wholesale new era hats http://www.no1nefjerseys.com/Hats-&-Caps-c119
Bob Strong December 18, 2013 at 07:16 PM
I bet there a lot portable toilets that need to be emptied. Hopefully, the storm didn't tip them over. That would be really unfortunate. http://www.portablejohn.com/construction
Sam Gibson December 18, 2013 at 07:17 PM
I think everyone should pitch in and help those effected in NJ by Sandy. I just read an article by a Senator who points to about 30 billion in Government waste every year. I wish we could clean that up to put money where it's actually needed. http://www.portablejohn.com/construction

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »