U.S. Senators Thad Cochran (R-Miss.), David Vitter (R-La.), Mary Landrieu (D-La.) and Kay Bailey Hutchison (R-Texas) today announced an agreement on the treatment of levees under the National Flood Insurance Program (NFIP), which they hope will move the Senate closer to passing long-term legislation reauthorizing the NFIP.
With their backs up against a wall, the U.S. Senate and U.S. House of Representatives passed a short-term extension of the NFIP during the last week of May, giving the Senate until the end of July to come to terms on long-term reforms included in the reauthorization that the House has already passed.
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