Political Quotes

Jack Kingston: “Let me restate. Right now it is a fact homeowners and lenders are having trouble getting flood insurance and windstorm…”

On the recordSeptember 27, 2007
Let me restate. Right now it is a fact homeowners and lenders are having trouble getting flood insurance and windstorm insurance in the areas where there are lots of floods and lots of windstorms, coastal areas. This allows them to get it at an economic price that is a lot lower than the private sector because it's a government subsidy. Therefore, America, being great entrepreneurs, this is a very pro-growth, pro-development amendment. I cannot understand how you would not agree with that.
Said by
Jack Kingston
Georgia
Source
govinfo.gov

Editor's note · Context

Discussing the challenges of obtaining flood and windstorm insurance in coastal areas.

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