Congress OKs flood insurance borrowing

Congress OKs flood insurance borrowing: "WASHINGTON -- Nov. 21, 2005 -- The federal flood insurance agency, currently broke because of hurricane-related claims, will be able to resume payments to flood victims following a vote by Congress to increase its borrowing powers.
The Senate and the House on Friday both approved by voice vote legislation that raises to $18.5 billion the amount the National Flood Insurance Program can borrow from the Treasury every year. In September, Congress voted to raise the borrowing authority from $1.5 billion to $3.5 billion."