Sunday, January 6, 2013

President Obama signs $9.7-billion bill for Hurricane Sandy insurance claims

http://www.nydailynews.com
The bill increases the borrowing authority of the Federal Emergency Management Agency, which had warned that it was set to run out of money without additional dollars from Congress.President Barack Obama has signed into law a $9.7 billion bill to pay flood insurance claims from Superstorm Sandy. The law increases the borrowing authority of the Federal Emergency Management Agency. FEMA had warned that it was set to run out of money without additional dollars from Congress. The White House said more than 100,000 flood claim payments from Sandy would be delayed without the additional money. HOUSE OVERWHELMINGLY APPROVES $9.7 BILLION IN HURRICANE SANDY AID TO PAY FOR FLOOD INSURANCE CLAIMS IN 354-67 VOTE IN AN ABOUT FACE, BOEHNER PROMISES QUICK ACTION ON $60 BILLION IN HURICANE SANDY AID In the wake of bruising fights in their own ranks over the "fiscal cliff" and aid for victims of superstorm Sandy, Republicans in the U.S. House of Representatives open a new Congress on Thursday more divided than ever. The House has yet to act on a larger, more comprehensive Sandy aid package. Republican leaders did not bring the bill to the floor before the last session of Congress adjourned. House Speaker John Boehner has promised a vote Jan. 15 on that $51 billion package, and Senate leaders have promised a vote the following week.

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