The House vote Friday on aid to Superstorm Sandy victims will only be for raising the cap on the National Flood Insurance Program's borrowing authority.
And that will only occur because federal officials have told members of Congress that money to pay claims for Sandy and other storms will run out as early as Monday, PC360 has learned.
The information was revealed in a statement late Wednesday from Dave Miller, the Federal Emergency Management Agency's associate administrator for the Federal Insurance and Mitigation Administration, which indicated that the agency is rapidly running out of funds.
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