House vote sends $16bn NFIP debt relief bill to Senate

A $36.5bn disaster relief package that includes a measure to
erase more than half of the debt burdening the National Flood
Insurance Program (NFIP) took a major step toward final passage
yesterday.
The proposal passed in the US House of Representatives by a vote
of 353 to 69, with all the no votes coming from Republicans. Many
conservative lawmakers have objected to debt forgiveness for the
NFIP, which would mean forcing all taxpayers to pick up the
burden.
Under the...