Richard Shelby actually said...

The National Flood Insurance Program was established in 1968 and was designed to reduce the burden on taxpayers stemming from Federal disast...

Every aspect of the program I believe must undergo significant revision for it to survive and to continue on a sustainable path.

I believe we must ensure that the program requires wealthy participants to pay the full cost of their insurance.

Today the program is nearly $18 billion in debt and has problems even servicing that debt.