A 2023 Congressional Budget Office report found that flood damage to homes with mortgages in some way backstopped by the federal government would exceed $250 billion by midcentury. In some flood ...
The National Flood Insurance Program administered by FEMA has been kept alive with short-term authorizations since 2017. Getting more flood risk data and requiring more policyholders to use the ...
MANILA, Philippines — President Ferdinand Marcos Jr. vetoed flood control projects in the 2025 national budget. Based on his veto message sent to Congressional leaders on Monday, the funding for ...