This is a matter that deserves our attention. We are only a few weeks away from hurricane season. We are literally having to pay on a debt of $17 billion. That is causing the rise in the cost of insurance to a point where people have a hard time paying, if the program exists at all. This bill forgives that debt, which we have to do, and then reestablishes a program that people will pay into so they can have that kind of coverage.
Discussing the importance of a bill related to hurricane preparedness and insurance costs.
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