The Norman Transcript

Headlines

January 3, 2013

news in brief

NORMAN — Boehner agrees to Sandy aid vote

WASHINGTON (AP) — Under intense pressure from angry Republicans, House Speaker John Boehner agreed Wednesday to a vote this week on aid for Superstorm Sandy recovery.

The speaker will schedule a vote Friday for $9 billion for the national flood insurance program and another on Jan. 15 for a remaining $51 billion in the package, Republican Rep. Peter King of New York said after emerging from a meeting with Boehner and GOP lawmakers from New York and New Jersey. The votes will be taken by the new Congress that will be sworn in Thursday.

King left the session with Boehner without the anger that led him to rip into the speaker Tuesday night.

“It was a very positive meeting,” King said, adding that Boehner, R-Ohio, assured the lawmakers present that the money from the two House votes would roughly equal the $60 billion package of aid that passed the Senate.

Since the votes will be taken in the new Congress, the Senate also will have to approve the legislation. If the House, as expected, approves the $9 billion flood insurance proposal, the Senate plans to move quickly in hopes of approving the aid on a voice vote Friday. The flood insurance money will help pay for claims by home and business owners with coverage.

Next fiscal crisis coming in 2 months

WASHINGTON (AP) — Onward to the next fiscal crisis. Actually, several of them, potentially. The New Year’s Day deal averting the “fiscal cliff” lays the groundwork for more combustible struggles in Washington over taxes, spending and debt in the next few months.

President Barack Obama’s victory on taxes this week was the second, grudging round of piecemeal successes in as many years in chipping away at the nation’s mountainous deficits. Despite the length and intensity of the debate, the deal to raise the top income tax rate on families earning over $450,000 a year — about 1 percent of households — and including only $12 billion in spending cuts turned out to be a relatively easy vote for many. This was particularly so because the alternative was to raise taxes on everyone.

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