U.S. House of Represenatives

FILE -- This Staten Island home was badly flooded during Superstorm Sandy. (credit: Getty Images)

House OKs Bill Rolling Back Huge Flood Insurance Premium Hikes

The bill would allow sellers to pass along their subsidized, below-market insurance rates to new buyers and lower the limit on how much flood insurance premiums can rise each year. The measure was approved 306-91.

03/04/2014

Sen. John McCain, R-Ariz., talks to reporters about a federal budget bill on Dec. 17, 2013, in Washington. (credit: Getty Images)

Congress Approves Budget Bill

The Senate approved legislation Wednesday that scales back across-the-board cuts on programs ranging from the Pentagon to the national park system.

12/18/2013