Congress takes two-week punt on National Flood Insurance Program as part of stop-gap funding deal

Congress punted yet again on overhauling the National Flood Insurance Program, extending the program for two more weeks as part of a broader stop-gap funding deal.

The NFIP has lurched along for more than a year on a series of short-term extensions as lawmakers have deadlocked — and then put off — overhauling the federally run program, which underwrites most flood coverage in the U.S. but has sunk into billions of dollars of debt as the result of a series of destructive hurricanes.

The latest extension is the ninth — the last just a week ago — since the NFIP’s last long-term authorization expired on Sept. 30, 2017. The program, overseen by Congress, has to be periodically reviewed and reauthorized by lawmakers…

 

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