Political Quotes

“I express my gratitude, first of all, to Senator Reid, the majority leader, for insisting that this flood insurance matter come before the Senate. This is an important bill. There are a lot of issues that our constituents are facing,--the housing issue, on which I am spending a great deal of time, the economic issues generally, the price of gasoline, and the price of oil at $120 a barrel, causing staggering problems across our country. The flood insurance issue, as we enter hurricane season coming up, could make a great deal of difference for people in this country who are concerned about that issue and what could happen with the cost of premiums, whether they are going to have that coverage at all. Senator Shelby of Alabama, my ranking member and former chairman of the committee, along with Senator Bunning and others actually passed this legislation in a previous Congress and weren't able to get it adopted. We adopted it again out of the Banking Committee earlier this year, and I am optimistic that we will be able to bring final closure to this issue.”