UPDATE, Friday, 4:20 p.m.The Republican-controlled U.S. House of Representatives on Friday approved $9.7 billion to expedite payments of federal flood insurance claims filed by victims of Hurricane Sandy.
The vote follows scathing criticism from Northeastern congressional Republicans and Democrats after Republican leadership in the House failed earlier this week to bring forward a vote on a $60.4 billion U.S. Senate-approved Hurricane Sandy relief bill.
A vote on the larger bill is expected to occur on January 14 or January 15, according to Oliver Longwell, U.S. Representative Tim Bishop’s communications director.
The $9.7 billion temporarily increases the Federal Emergency Management Agency’s (FEMA) borrowing authority to carry out the National Flood Insurance Program, according to a press release issued by Mr. Bishop’s office. It will ensure the government is able to pay claims... more