U.S. House Passes $9.7B Hurricane Sandy Bill
More than two months after Superstorm Sandy struck, the U.S. House of Representatives today (Jan. 4) overwhelmingly approved $9.7 billion to pay flood insurance claims for the many home and business owners flooded out by the storm.
The 354-67 vote came days after Northeast Republicans erupted over House Speaker John Boehner's decision to delay a vote earlier in the week; all of the no votes were cast by Republicans. The Senate was expected to pass the bill later in the day, The Associated Press reported.
"It's the right step," said Rep. Rodney Frelinghuysen, R-N.J., a member of the House Appropriations Committee.
The bill gives more borrowing authority to the National Flood Insurance Program to pay about 115,000 pending Sandy-related claims as well as about 5,000 claims unrelated to Sandy.