04/01/2014
https://www.congress.gov...
"The National Flood Insurance Program was established in 1968 and was designed to reduce the burden on taxpayers stemming from Federal disaster relief for floods."
"What happened to the mapping program that was going to go on just a few years ago and everybody was talking about?"
"In the Flood Insurance Program as we currently have, and we keep kicking the can down the road, it is basically, one, broken, and it is very flawed, is it not?"
"It is my understanding that FEMA has created a new category of what you call grandfathered categories for homes that have been mapped into riskier areas."