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Analysis: How the $60B Sandy Aid Will Be Spent

Monday, December 10, 2012

The fate of President Barack Obama's $60.4 billion Sandy recovery package now rests with Congress. Lawmakers in the House and Senate will decide how much of that amount they think is worth spending, and how any funds would be divvied up between states and agencies.

Mitchell Moss, a professor of urban policy and planning at New York University, tracked how federal aid was spent after the 9/11 terror attacks in 2001 and has written about that, and the pitfalls of FEMA-funded recoveries.

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