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Governor Christie On Sandy Contingency Fund: This Will Ensure We Move Ahead

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Published on Feb 26, 2013

Budget Address, 2-26-2013 (Transcript Below)

Governor Christie: In the past year, of course, our economy has been challenged by Superstorm Sandy. In the face of this unprecedented emergency, we have stood together: recovering, rebuilding, restoring.

I want to thank the members of this legislature and our congressional delegation, both sides of the aisle, for their support of the $60.4 billion emergency relief package which congress enacted last month. We stood firm, and we stood together.

And now I want to make sure we can move ahead quickly, and without endangering resources for other key priorities.

So today, I am proposing the establishment of a $40 million Sandy contingency fund for those expenses not reimbursed by the federal government. This will ensure that we can move ahead with maximum speed, and that those things that fall through the cracks will not bankrupt our bussinesses, our families, and our local governments.

This will allow us to get back on track with our small businesses agenda, get them back on their feet, without delay.

It will allow us to continue to continue to make progress on restoring key roads and infrastructure, regardless of federal timelines.

It will help us rebuild the shore. I grew up going to the shore every summer, and I still do. It is the heart of New Jersey. It still beats strong, in every one of us.

The shore will come back -- as I've said, and it will come back stronger than ever. I will tell you this: I expect to go the Jersey Shore every summer for the rest of my life, including this summer of 2013.

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