Caused over 36 billion in damage in new jersey. Governor christie says he was assured by congressional leaders that the aid package would be put to a vote, but House Speaker boehner pulled the legislation and did not return christies phone calls. Disaster relief was something that you didnt play games with. Reporter do you feel betrayed right now, governor . Yes. If the people of new jersey feel betrayed today by those who did this in the house last night, then they have good company. Im with them. Reporter boehner says he pulled the bill because of scheduling problems, but some members of congress questioned how the 60 billion aid package would be spent. New york congressman peter king, a republican, would have none of it. Congressional republicans never have any trouble finding new york city or new york when it comes to raising money. Well, you know, this is a two way street, and if theyre not going to help us, why should we even think of helping them . Reporter this afternoon, congr
Blue chips had their biggest point gains ever for the last day and first day of any year. What we saw today was a relief rally, with the deal being done, the markets up, a sigh of relief. Reporter all 30 dow jones stocks were up and more than 90 of the s p 500. The markets were optimistic that the economy wouldnt fall into recession after congress agreed to a deal that prevented most tax increases and postponed painful Government Spending cuts for another two months. Big name stocks and technology companies, the engines that help fuel economic growth, did particularly well today. Removing uncertainty like the fiscal cliff, things like the debt ceiling, thats going to help bring things into a clearer focus and should ultimately help both the Economic Performance and the performance of everyones 401 k . Reporter thats a relief to 60 million americans who are invested in 401 k s. 2012 had already been a good year. If you were invested entirely in the s p 500, the average 401 k would have
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