Congress

5:30am

Thu February 27, 2014
Politics

FEMA Flood Insurance Law Faces Partial Repeal Over Premiums

Originally published on Thu February 27, 2014 8:38 am

Levees, like this one in New Orleans, must be certified by the U.S. Army Corps of Engineers before appearing on federal flood maps. This change has resulted in higher flood insurance premiums in some areas.
Mario Tama Getty Images

The House is expected to vote as early as next week to partially repeal a 2012 law that overhauled the National Flood Insurance Program, which is tens of billions of dollars in debt.

The law was meant to make people living in flood-prone areas foot more of the insurance bill. But lawmakers didn't realize how many homeowners would be affected — or how hard they'd be hit.

You can find some of those homeowners in Bayou Gauche, about 30 miles west of New Orleans.

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5:57am

Thu February 20, 2014
World

Why More Americans Are Renouncing U.S. Citizenship

Originally published on Thu February 20, 2014 6:32 am

A case against the Swiss bank UBS in 2008 led Congress to create more regulations for foreign banks holding American money. Rather than comply, many banks opted to stop serving American account-holders.
Fabrice Coffrini AFP/Getty Images

A few times a year, the Treasury Department publishes a long list of names announcing all of the Americans who have lately abandoned their U.S. citizenship.

According to the legal website International Tax Blog, the number hovered around 500 a decade ago. Last year, it hit a record high of nearly 3,000.

This was not a gradual change. It was a sudden spike. It's a story of dominoes falling, one after another, leading to an unexpected outcome.

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8:00am

Sat February 15, 2014
Politics

Support For Renewable Energy, Conservation May Help 2014 Candidates

The Colorado River running through Colorado as it appeared in July, 2010.
Rennett Stowe Fickr - Creative Commons

12:00pm

Tue February 11, 2014
Politics

Poll Suggests Tight Colorado Senate Race

U.S. Senate

Colorado’s U.S. Senate race is still months away but new details are emerging for both the incumbent, Mark Udall (D), and who could ultimately be his Republican challenger.

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5:19am

Wed February 5, 2014
All Tech Considered

Lawmakers Look To Prevent More Target-Sized Data Breaches

Originally published on Wed February 5, 2014 10:40 am

Sen. Patrick Leahy chats with Sen. Mazie Hirono before hearing from retail company executives on Tuesday.
Win McNamee Getty Images

The sheer size and frequency of the recent credit card data breaches at Target, Neiman Marcus and other companies are prompting lawmakers to consider legislative options to keep sophisticated cyberthefts from happening.

"If anything, we've learned from this major, major breach that we can no longer do nothing," said Sen. Amy Klobuchar, D-Minn. "We have to take action."

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