In a breakthrough, the House Republican leadership has agreed to allow a vote on modifying flood insurance rate hikes imposed by a 2012 law.
That effectively means Congress will enact legislation dealing with the issue in the foreseeable future, perhaps by mid-March.
Realizing the political potency of the issue, House Majority Leader Eric Cantor, R-Va., announced Wednesday night that a vote on such legislation will take place after Congress returns from its Lincoln holiday recess the week of Feb. 24.
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