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Support Lacking for Quick Vote on Delay of Flood Rates

The leaders of the U.S. House Financial Services Committee are not wavering in their support of last year’s bipartisan legislation to strengthen the finances of the National Flood Insurance Program (NFIP), even though their constituents fear that its implementation will cause their premiums to rise and home values to plummet...
November 27, 2013

The leaders of the U.S. House Financial Services Committee are not wavering in their support of last year’s bipartisan legislation to strengthen the finances of the National Flood Insurance Program (NFIP), even though their constituents fear that its implementation will cause their premiums to rise and home values to plummet. Meanwhile, in the Senate attempts to call a quick vote on legislation to delay the changes face opposition from both Democrats and Republicans. Sen. Mary Landrieu (D-La.) wants to attach the measure in a defense policy bill, but Senate Majority Leader Harry Reid is limiting the possibility of adding unrelated amendments to the bill.

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