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Officials Estimate Cost of $40B for NYC Cleanup
The price tag of the terrorist attacks on the World Trade Center will be nearly $40 billion, an early estimate of what it will cost to remove debris, pay overtime and rebuild subways and skyscrapers, officials say.
Cleaning up the estimated 1.2 million tons of rubble will cost $7 billion alone and take up to a year to complete, officials said Friday in providing rough cost estimates of the destruction left when hijacked airliners obliterated the trade center.
U.S. Senate aides said Friday that government officials are looking at a price tag of $39 billion, which includes about $8.2 billion for rebuilding the Trade Center. But they said no decision had been made whether to rebuild the complex.
The costs also include $4.1 billion for repairing and improving subways and $3.6 billion in overtime and other associated costs for police, firefighters and other city workers.
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