Appropriations
The House Appropriations Subcommittee on Agriculture, Rural Development, FDA & Related Agencies approved its 2005 spending bill. Highlights of this legislation can be found at
https://appropriations.house.gov/index.cfm?FuseAction=PressReleases.Detail&PressRelease_id=389, although not much useful information is listed for RHS programs. The full Appropriations Committee must approve the bill before it will be considered on the House floor.
Flood Insurance
The Senate approved a 5-year reauthorization for the National Flood Insurance Program (S. 2238). The bill also includes a loss mitigation pilot program to help mitigate flood risks for properties that have been flooded numerous times and have received multiple flood insurance payments.
Why Change Now?
The Senate has confirmed Alan Greenspan to another 4 year term as Chairman of the Board of Governors of the Federal Reserve System. Does anybody even remember who chaired the Fed before Greenspan?