Washington – In a rush to resolve several key and long-term policy impasses, congressional leaders are looking to add a five-year flood insurance extension to legislation funding transportation projects and freezing subsidized student loan interest rates at 3.4 percent. The tentative plan is to approve the massive bill Friday. Congressional aides said the motivation for adding the flood insurance bill to the mix is simple: It allows for more savings that Republicans are demanding in return for the higher highway and mass transit funding demanded by Democrats.

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Article source: http://www.nola.com/politics/index.ssf/2012/06/flood_insurance_extension_may.html

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