Sequestration Will Cut $2.5B From Sandy Aid, NJ Sen. Warns

Law360, New York (March 1, 2013, 5:29 PM EST) -- A U.S. senator for the state of New Jersey on Thursday urged Congressional action to avert looming sequestration budget cuts that would slash $2.5 billion from the federal funds allotted to repair the massive damages from Superstorm Sandy.

Democratic Sen. Robert Menendez said in a statement released yesterday that the automatic spending cuts triggered by the Budget Control Act of 2011 will hit the Garden State at the worst possible time, as New Jersey prepares to rebuild from the October storm that killed more than 100...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.