At a press conference yesterday, Governor Andrew Cuomo placed the monetary value of Hurricane Sandy’s damage to New York State at $32 billion. That figure does not include an additional request of over $9 billion in federal funds for future mitigation and prevention efforts, as reported by Michael Gormley for the Associated Press.
“It’s common sense; it’s intelligent,” Cuomo said. “Why don’t you spend some money now to save money in the future? And that’s what prevention and mitigation is.”