Gov: Boost compensation fund
Gov. Cuomo called for a renewal and expansion of the 9/11 Victims Fund Monday following a Daily News report revealing that money meant to compensate people affected by the terror attacks could run out sooner than expected.
“Some are suggesting that we dilute compensation to the next rounds of applicants due to diminution of funding. That is exactly the wrong approach. All are equally heroes to the nation, and all should be equally and fully funded,” Cuomo said in a statement.
“It is critical that full funding is available for all who need it in the years to come, and I call on Congress to renew and expand the program. In New York, we will always stand with the victims of the attacks the fair and ample compensation they deserve.”
The victims fund was initially created to compensate people injured or killed by the terror attacks. It was expanded to assist first responders and others who suffered 9/11-related illnesses. So far, the fund has awarded nearly $4.3 billion.
It has $7.3 billion dedicated to sufferers — but people continue to file claims linked to the toxic dust at Ground Zero, raising fears that money could run out.
“Looking at the data more recently, I’m starting to get a little concerned,” fund Special Master Rupa Bhattacharyya told The News, referring to projections of the fund’s viability.
The fund currently expires in December 2020, though sources said bills seeking to extend it could be introduced in Congress as soon as next month.