Sandy’s big bill

Posted Jan. 16, 2013, at 3:09 p.m.

On Tuesday, the House approved another $50 billion for expenses related to Hurricane Sandy. Assuming the Senate signs on, that would bring the total federal lawmakers have authorized for Sandy relief to about $60 billion.

Americans have all sorts of reasons to be shocked.

They should be shocked at the scale of the storm’s damage.

We should also be shocked at how much the federal government might spend. Congress just got through a nasty battle over the Bush tax cuts, and the result of that acrimonious debate was about $60 billion annually in new revenue.

Now lawmakers are proposing to spend $60 billion outside the normal budget process and, barring a last-minute change, without sacrificing elsewhere to finance it. Despite intemperate howls from Northeastern lawmakers, the House was right to take some time to examine the package and to scrub from it some of the more egregious spending provisions in the Senate version.

Finally, Americans should be shocked that lawmakers still haven’t reformed the slapdash way Congress deals with disasters. The claim that those future big storms have on federal funds is potentially massive — $10 to $25 billion in a normal year and $80 to $170 billion in a bad one, according to a 2010 report from the National Bureau of Economic Research.

Though costs are hard to predict, Congress should at least budget disaster-assistance money upfront to the greatest extent possible and through the normal appropriations process.

Congress is set to be consumed with unrelated budget battles over the next year. But lawmakers’ decisions about disaster relief significantly affect lives, property and the federal balance sheet. They can’t pass the Sandy package and forget about it.

The Washington Post (Jan. 16)

http://bangordailynews.com/2013/01/16/opinion/sandys-big-bill/ printed on August 20, 2014