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#floodinsurance

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Replied to Nonilex

Just hours before a potential #GovernmentShutdown, #Republicans & #Democrats in the #Senate passed a 45-day #ContinuingResolution w/ #DisasterRelief funds, an extension of a federal #FloodInsurance program & #FAA reauthorization — but no #Ukraine #aid. Saturday’s passage in the #Senate ended a weeks-long #House debate over govt #funding…. The #Senate eventually ditched its own #stopgap #bill to pass a #House version.

The Senate vote was 88-9.

#House passes short-term funding bill w/ hours until #GovernmentShutdown

Just hours before a potential govt #shutdown, #Republicans & #Democrats reached a deal in the House that includes a 45-day #ContinuingResolution w/ #DisasterRelief funds, an extension of a federal #FloodInsurance prgm & #FAA reauthorization — but no #Ukraine #aid.

Unclear where things stand in the #Senate, where a procedural vote on the chamber’s #stopgap measure had yet to be called.

washingtonpost.com/politics/20

The Washington Post · Government shutdown averted after Senate passes bill with just hours to spareBy Marisa Iati

"Reeling from four hurricanes in 2020 & 2021 that caused $23 billion in damage, #Louisiana is undergoing an #insurance calamity that is harming the state’s economy and even reducing its population."

“If you look at where the costs end up, some monstrous proportion of the city would be unable to reasonably afford #FloodInsurance,” said Feldbaum. “And not by a small margin, but where it's just completely beyond the average households’ ability to pay the average #premium.”

bloomberg.com/news/articles/20

Bloomberg · Louisiana Insurance Market In Crisis From Climate-Fueled StormsBy Leslie Kaufman