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House bill calls 'timeout' on flood insurance hikes

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WASHINGTON -- Across-the-board bumps to flood insurance nationwide expected to kick in over the next few years might not come as soon as planned.

Rep. Kevin Cramer, R-N.D., announced Thursday that the House passed a funding bill that essentially calls a "timeout" on a few scheduled changes to the National Flood Insurance Program, which he said will cause "extreme pain" for homeowners if Congress can't stop them.

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