FEMA Update

The House is expected to approve today more money for FEMA's National Flood Insurance Program. FEMA said it needs nearly $10 billion to pay claims from Superstorm Sandy. Otherwise, the program will run out of funds next week. The agency says it has received about 140,000 Sandy-related claims. Many flood victims have received partial payments. House Speaker John Boehner (R-Ohio) scheduled the vote after intense criticism from Northeast Republicans. They accused him of stalling on a larger $60 billion Sandy relief package. Boehner has scheduled a vote on the rest of the aid package in two weeks.