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In the draft legislation released Thursday, Republicans propose ejecting from the NFIP homeowners who keep getting flooded but don’t want to sell their houses. (AP Photo/Marcio Jose Sanchez)

(Bloomberg) – Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to be repeatedly submerged.

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