Spending Bill Delays Hike in Federal Flood Insurance Rates

” FEMA Director Craig Fugate told a September hearing of the U.S. Senate Banking, Housing and Urban Affairs Committee that the act unfairly hit middle-class homeowners who had not been flooded repeatedly.”

http://www.moneynews.com/Personal-Finance/spending-bill-flood-insurance/2014/01/15/id/547309

A brief delay, let’s hope it provides enough time for Congress to get it right!

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