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House puts off vote on flood insurance legislation

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NEW ORLEANS, LA (WVUE) - People worried about soaring flood insurance rates will need to wait longer than expected to see the House take action on the issue.

According to our partners at Nola.com|The Times-Picayune, majority leader Eric Cantor informed House Republicans Wednesday that he's delaying a vote on legislation designed to prevent major hikes to premiums.

Congress was scheduled to vote Thursday. Cantor doesn't expect to see a vote until sometime next week.


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