WASHINGTON (AP) — Hundreds of thousands of homeowners would get a reprieve from higher flood insurance premiums under legislation speeding through the Senate, powered by coastal lawmakers telling horror stories of people at risk of losing their homes.
The bill, which is on track to win Senate passage on Thursday, faces a rockier road in the House, where a more modest plan is being developed to ease the impact of Congress’s overhaul of the federal flood insurance program two years ago.
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