Obama signs $9.7 billion Sandy aid package

President Barack Obama has signed into law a $9.7 billion aid package for the victims of Superstorm Sandy.

President Barack Obama has signed into law a $9.7 billion aid package for the victims of Superstorm Sandy. (1/7/13)

WASHINGTON - President Barack Obama has signed into law a $9.7 billion aid package for the victims of Superstorm Sandy.

The bill increases the borrowing authority of the Federal Emergency Management Agency (FEMA). The White House says that without the additional money, more than 100,000 flood claim payments would be delayed.

Congress has yet to act on a second $51 billion aid package due to the controversial delay in bringing the bill to the House floor before the last session adjourned. House Speaker John Boener has promised a vote on Jan. 15.  

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Congress has approved a $9.7 billion measure for Congress approves $9.7 billion in Sandy flood aid

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