NYC mayor's spending plan to curb storm risk is set for introduction

06/10/2013 | Bloomberg

New York Mayor Michael Bloomberg is expected to present today a capital-spending plan involving billions of dollars aimed at reducing the storm risk along the city's coastline, the mayor's office said. "As bad as Sandy was, future storms could be even worse. Because of rising temperatures and sea levels, even a storm that's not as large as Sandy could be -- down the road -- even more destructive," according to Bloomberg's prepared remarks.

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