Important Moments in History

Tuesday, January 8, 2013

Congress votes to expand borrowing authority for Sandy flood claims


msnbc.com: Top msnbc.com headlines
Responding to the insurance claims of property owners hit by last October's super-storm Sandy, the House and Senate on Friday approved $9.7 billion in additional borrowing authority for the National Flood Insurance Program which covers property owners in flood-prone areas.Responding to the insurance claims of property owners hit by last October's super-storm Sandy, the House and Senate on Friday approved $9.7 billion in additional borrowing authority for the National Flood Insurance Program which covers property owners in flood-prone areas.

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