Late this morning (May 23) Senate Majority Leader Harry Reid (D-NV) and Sen. David Vitter (R-LA) reached a deal on the extension and possible reform of the debt-ridden National Flood Insurance Program (NFIP), which is due to expire at the end of this month. Under the deal, Reid committed to allowing consideration of Vitter's five-year NFIP reform bill during the Senate's June work session. On his part, Vitter agreed to drop his demand that the five-year reform bill be considered as an amendment to the Food and Drug Administration bill currently being debated by the full Senate (see our earlier story on the impasse surrounding the FDA bill).
A spokesperson for Vitter indicated that the Senate is now likely extend NFIP before leaving town at the end of this week. The House has already passed a simple NFIP extension bill.
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