Senate Passes Hurricane Relief Bill Granting Puerto Rico Loans
- Trump is expected to sign measure, which already passed House
- Flood insurance program would be able to keep paying claims
Enki Research Says Hurricane Cost May Reach $49 Billion
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The Senate sent President Donald Trump a $36.5 billion hurricane relief bill Tuesday that gives Puerto Rico access to $4.9 billion in low-interest Treasury loans, amid concerns that recovery efforts from the recent disasters will require significantly more funding.
The measure, passed 82-17, also would replenish the troubled National Flood Insurance Program, which runs out of money as early as this week.