1. National flood insurance: The House on Nov. 29 voted, 350 for and 46 against, to extend the National Flood Insurance Program through Dec. 7, averting a closure set to occur at the end of November without this bill. The House last year passed a long-term extension that was disputed over partial privatization of the federally run program. That measure is stalled in the Senate.
Already more than $20 billion in debt despite a recent taxpayer bailout of $16 billion, the program — without reforms — is expected to take on red ink at an accelerated pace as hurricanes and flooding become increasingly destructive as a result of