2008_07_homelandsec.jpgThe Department of Homeland Security will allocate $144 million in counterterrorism funds for NYC (plus the suburbs), which is a $10 million increase over last year. While Peter King (a Republican) hailed the increases, Senator Charles Schumer (Democrat) said while the extra money is "better than a cut, but it's not what New York deserves. Hopefully with a new administration we will get a better formula and a bigger slice of the pie." NY State will also get $76 million (up $10 million from last year) from a separate security grant program.