President Obama Signs Bill to Pay Sandy Flood Insurance Claims

The POTUS gives $9.7 bill as Congress votes

President Obama has signed into law a $9.7 billion bill to pay flood insurance claims from Hurricane Sandy. The White House said more than 100,000 flood claim payments from Sandy would be delayed without the additional money. Federal Emergency Management Agency (FEMA) had warned that it was set to run out of money without additional dollars from Congress. The House has promised a vote Jan. 15 on a larger, more comprehensive Sandy aid package of $51 billion package, and Senate leaders have promised a vote the following week. (Boston Globe)

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