Obama signs $50.5B Sandy aid bill

Exactly three months to day that the storm hit the tri-state area, President Obama signed a $50.5 billion Sandy aid bill.

On Monday, the Senate passed the legislation in a 62 to 36 vote, preceded by the House two weeks earlier.

It was the final portion of an approximately $60 billion Sandy relief package.

Earlier in the month, the president signed a $9.7 billion aid bill that temporarily increases the borrowing authority of the Federal Emergency Management Agency for carrying out the National Flood Insurance Program.



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