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The Aftermath: Federal Aid 10 Years After the World trade Center Attack - NYC Independent Budget Office Fiscal Brief

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Just days after the events of September 11, 2001, President Bush and Congress promised that $20 billion in federal aid would be provided to help New York City recover from the attack. Given the unprecedented scale of the destruction-physical, economic, and emotional-no one had real estimates of what the needs and costs would be. As a result, the federal promise was loosely defined. Assistance was provided for immediate relief but a large portion of the aid was to flow to New York over time as specific uses of the assistance were determined.

Agency
Subject
Report type
  • Budget Report
Date published
  • 2011-08-31