Sequestration May Reduce Sandy Aid
By Phil Gregory, WBGO News
February 25, 2013
A sequestration measure that requires across-the-board federal spending cuts will take effect Friday unless lawmakers act to avoid it. That could reduce Sandy aid to New Jersey, and shore towns are worried.
$3 billion could be cut from the Sandy funding that Congress approved last month.
Sea Bright Mayor Dina Long is concerned.
“We’re obviously very worried about our ability to balance a budget locally without a community disaster loan which is a program potentially affected by the sequester.”
Seaside Heights Mayor Bill Akers says residents struggling to rebuild are also upset about the potential reduction in federal aid.
“They haven’t had a way to receive that money or a time frame to receive it in. So this is just adding to the frustration that has already existed.”
Congressman Bill Pascrell says sequestration would be a fiscal hurricane for the people devastated by Sandy. He’s hoping lawmakers can agree on a plan that would spare Sandy victims from further suffering.