On the recordJuly 25, 2018
we were sitting in the cloakroom between the last two votes that just happened in the Senate, and everybody's phone started buzzing at the same time. That is because everyone receives these alerts from the National Weather Service. The alert said: Flash flood warning until 9:15 p.m. this evening. I thought it was ironic because I was headed to the floor to speak about flooding--and in particular flood insurance--which is a threat to so many different States across the country. It was an ironic moment that reminds us what that means to us here but also what it means to people in the real world who are impacted by this. Earlier today, the House passed an extension of the National Flood Insurance Program, and it extends it for 4 months and will expire November 30 of this year. I am here today to tell you how critical it is that the Senate act on this as soon as possible because this program will expire next Tuesday, July 31--6 days from today--if we do not take action. Let me preface everything I am about to say by telling you that this program is badly broken. It is not financially stable. It is not financially sustainable. It is a program that needs to be reformed. I don't like the way it is designed one bit. I have been working for years to try to reform it and to try to open up space for the private sector to come in and compete with the program and provide more options for people who need it.…
Source
govinfo.gov




