Officials are asking for billions of dollars in storm aid to repair the damage left from Hurricane Sandy- and that’s only in New York! The Metropolitan Transportation Authority says it will cost more than $7 billion to repair the damage to the antiquated transit systems and billions more to upgrade the systems to withstand major storms in the future.
It’s looking like securing that kind of money in the current economy is a stretch though and the Obama administration may not want to put out that kind of funding. Transit officials say now is the time to invest in the infrastructure though, as it will cost more to fix the damage now, then come back and upgrade it later.
The New York Times has the story.