By Hugh Son and Erik Holm Sept. 27 (Bloomberg) -- The U.S. House voted today to expand a federal flood insurance program to also include coverage for wind damage, a proposal that may reduce the role of private insurers in coastal areas.
The bill, approved 263 to 146, hasn't been voted on by the Senate. President George W. Bush threatened yesterday to veto the proposal, which his Office of Management and Budget called ``fiscally irresponsible.''
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