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Schumer: Sandy funds to LIPA must have strings

New York Gov. Andrew Cuomo, flanked by U.S.

Photo credit: Getty Images | New York Gov. Andrew Cuomo, flanked by U.S. Sen. Kirsten Gillibrand and U.S. Sen. Chuck Schumer, as he visits Capitol Hill in Washington, DC. (Dec. 3, 2012)

Sen. Charles Schumer on Tuesday requested that federal agencies expected to reimburse LIPA for a portion of the estimated $800 million in restoration costs for superstorm Sandy make the payments contingent on the authority keeping rates stable and fortifying the grid against future storms.

The New York Democrat's request, made in letters to the heads of the Federal Emergency Management Agency...

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