BREAKING NEWS
Obama signs bill for Sandy flood insurance claims
A dock sits damaged near the Statue of Liberty which, remains closed to the public six weeks after Hurricane Sandy on Dec. 13, in New York City. (Photo by John Moore/Getty Images)
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Posted: 01/06/2013
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By: Associated Press
WASHINGTON (AP) -- President Barack Obama has signed into law a $9.7 billion bill to pay flood insurance claims from Superstorm Sandy.
The law increases the borrowing authority of the Federal Emergency Management Agency. FEMA had warned that it was set to run out of money without additional dollars from Congress.
The White House said more than 100,000 flood claim payments from Sandy would be delayed without the additional money.
The House has yet to act on a larger, more comprehensive Sandy aid package. Republican leaders did not bring the bill to the floor before the last session of Congress adjourned.
House Speaker John Boehner has promised a vote Jan. 15 on that $51 billion package, and Senate leaders have promised a vote the following week.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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