Federal Flood Insurance Program Continues to Stall
The long-running struggle to figure out the future of a federal program that provides insurance to homeowners in flood-prone areas is continuing, apparently without any end in sight, according to a recent story in the Wall Street Journal.
On Thursday, the House passed a one-month extension of the federal government’s flood insurance program, acting a mere two weeks before hurricane season begins.
The House of Representatives voted 402-18 to move a measure that would keep the National Flood Insurance Program running through June 30, a month beyond its current May 31 expiration date. That puts the pressure on the Senate, where leaders are considering an approach that would require them to pass a short-term extension of their own while trying to cobble together support for a five-year extension similar to what the House has already acted upon.
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