Is the National Flood Insurance Program running out of money?

Lawmakers are concerned that the National Flood Insurance Program may not have enough money to cover the damage caused by Hurricanes Milton and Helene, which is expected to cost billions of dollars. Republican Rep. Garret Graves of Louisiana discusses the potential for the fund to be overwhelmed by claims on “America Decides.” This raises questions about the program’s financial stability and ability to help millions of Americans facing storm damage. Stay informed with browser notifications for breaking news and exclusive reporting from CBS News.