This could mean that NFIP may take on additional debt in the future, but the program is already saddled with legacy debt from Hurricanes Katrina and Sandy.
Maxine Waters: “This could mean that NFIP may take on additional debt in the future, but the program is already saddled with legacy debt…”
Editor's note · Context
Waters discusses potential future debt for the NFIP due to increased flooding.
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