US Senator Pushes for Sandy Recovery Package

Press Release
Wednesday, December 19, 2012

U.S. Senator Robert Menendez pushes for approval of the $60.4 billion Sandy Recovery package now being debated in the U.S. Congress.

Menendez took to the floor of the house of the Senate in response to criticisms being leveled by some Republicans over elements of the emergency funding measure which has been proposed by the Obama Administration and supported by Governors Christie and Cuomo.

Excerpts of his remarks follow:

Some seem to be questioning whether this emergency is worthy of a robust federal response.  They say the cost to help families rebuild and recover is too much, that it should be reduced, that it’s not necessary, that in this emergency, unlike many other similar emergencies in the past, we should do something smaller and wait to do the rest later.  But…those who…make that argument don’t seem to understand that a piecemeal recovery is a failed recovery.   
 
Right now there are literally tens of thousands of small business owners trying to decide whether to reopen or pack it in…waiting to find out is the government going to offer me a small business loan at low rates competitive with the marketplace…? Will they give me a grant towards my rebuilding?  Same with the person who, as winter is biting in the northeast, faces the challenges of, well, what am I going to get from my government as it relates to rebuilding my home?  Should I go forth or not?

It’s as if some of our colleagues don’t believe when we describe this tragedy…. Do you think Governor Christie is making this up?  Do you think that the fiscal hawk of the republican party is looking for federal aid that isn’t desperately needed?   So this storm damage is real and the governors’ requests for funding… which were actually $20 billion higher than the amount we are debating…these requests were scrubbed by OMB…gone over by the committee…and everything in the bill is about declared disasters.  So now it is time to come to our neighbors’ help.
There are those who say that they’re upset about the Army Corp’s element of this disaster bill.  They say that planning and rebuilding for the future is a waste… But I would submit that those members who care very much about fiscal responsibility – that it is neither efficient nor is it effective, nor is it fiscally responsible.   It seems to me that if we want to be smart fiscally that planning for the future means rebuilding well and rebuilding smart…in a way that protects us from future storms.  If we don’t rebuild smarter, better and with stronger coastal protections, we’ll be paying again after the next storm in terms of human suffering and federal funds.  Time is of the essence.  These communities can’t wait.

Mitigation means rebuilding smarter and stronger. Whether it’s thru a flexible CDBG account…or elevating homes or … FEMA programs, mitigation has long been a part of disaster supplemental appropriations.  In the Gulf Coast, we spent $16 billion building a world class storm protection system.  In Alabama and Texas, we used CDBG funding to raze homes and improve infrastructure.

After Katrina, in ten days – ten days – the Congress passed two emergency supplemental that totaled a little over $62 billion.  It has been six weeks – not ten days – six weeks since the storm hit New Jersey, New York and the northeast and there hasn’t been any action.  The urgency of now is incredibly import

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Migrant Sailboat Sinks in Aegean, 17 Missing

A sailboat carrying migrants sank in in the Aegean sea between Turkey and Greece on Tuesday and at least 17 people were missing, Greek authorities said. Greece's

APL’s Schedule Reliability Scales Up

APL was the most reliable carrier with a global on-time performance of 85.5% in May 2015, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis.

Gazprom, Gasunie Sign Framework Agreement - LNG

At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework

Finance

Greece Port Operations Update

An update on Greece’s port operations and local conditions was issued today by maritime services provider Inchcape Shipping Services (ISS).   According to ISS,

Container Shipping Lucky to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according

Dry Bulk Market Crisis: Opportunity or Threat?

The shipping industry is experiencing the biggest dry bulk market recession since the 1980s, as uncertain global economic outlook and increased imbalance between

Government Update

Lakes Limestone Trade Tops 4 Mln Tons in June

Shipments of limestone on the Great Lakes totaled 4,042,766 tons in June, an increase of 6 percent compared to May, and 9-plus percent compared to a year ago, according

As First Victims Mourned, Italian Navy Searches On

Italy held a funeral service on Tuesday for 13 migrants who died in the worst shipwreck in the Mediterranean in recent history, while the navy continued its search for other victims of the disaster.

Migrant Sailboat Sinks in Aegean, 17 Missing

A sailboat carrying migrants sank in in the Aegean sea between Turkey and Greece on Tuesday and at least 17 people were missing, Greek authorities said. Greece's

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1890 sec (5 req/sec)