After a week-long series of political wrangling, Democratic leaders claim the federal flood insurance program, COBRA health insurance subsidies and jobless aid will be reinstated retroactively. Whether this is an accurate prediction of reality, however, remains to be seen.
Hundreds of thousands of Americans will have their jobless aid restored after a measure reauthorizing extension of the program cleared a hurdle in the Senate yesterday. The measure was combined with a move to reauthorize the federal flood insurance program; both plans are now clear for passage later in the week.
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