Senate approves bill to delay flood insurance hikes
WASHINTON D.C. - The U.S. Senate passed a bill to delay premium hikes for years on homeowners who buy flood insurance from the federal government.
Florida Senator Bill Nelson took the floor to push for the rate-hike delay.
The bill prevents the government from spending any money for the remainder of the fiscal year to enforce higher premiums on homeowners who would have seen them under new flood maps.
“Let’s just get a real big vote here to send a message to our counterparts in the House of Representatives that this is no fooling time,” Senator Nelson (D,Fl) said.
Senator Nelson did get that big vote 67 to 32, however Speaker John Boehner has said the House will not take up the issue again and tea party members say they intend to defeat it.