Richard Shelby actually said...

"It is my understanding that the National Flood Insurance Program's goal of fiscal solvency... is defined as charging premiums that will generate enough revenue to cover a historical average loss year."

"Every aspect of the program must undergo significant revisions."

"The bill immediately eliminated subsidies on vacation homes, businesses, and severe repetitive loss properties."

"Without the mapping data, the program will always be suspect, to say the least."