It has been reported that Sen. Charles Schumer, D-N. Y., took issue Sunday with the Obama administration's decision to reduce anti-terrorism funding for his state.

New York City was the No. 1 terrorist target in the world and denied that the city had a surplus of grants it had not yet spent, Schumer said on NBC's "Meet the Press."

It was reducing its funding for NYC anti-terrorism programs by 27 percent, in large part due to a backup of unspent funds from previous years, the White House said.

It was also reported that Schumer contended that while funds had not technically been spent, as Homeland Security Secretary Janet Napolitano contended, it had been earmarked for multi-year contracts and will be spent in coming years.

Schumer also said, "Bottom line is a lot of the money hasn't been spent because FEMA, an agency under the jurisdiction of the Homeland Security, hasn't spent it." (With Inputs from Agencies)