I urge my colleagues to support H.R. 1309. It's a bill to reform and reauthorize the National Flood Insurance Program. I think that we have had a great debate, and it certainly is a pleasure to have a bill that has such bipartisan support. I think it's such an important bill. It's going to enact a series of reforms designed to improve NFIP's financial stability, reduce the burden on taxpayers, restore integrity to the FEMA mapping system, and explore ways to increase the private market participation and help bring certainty to the housing market. It's a $4.2 billion revenue raiser. And I think that that's very important too, that we will really be able to change the scope of this. If we go back to 1968 when this started, there was no private insurance, and this is why this happened. And we have to keep it that way, or we will pay so much more for disaster relief when this happens to so many people who live in floodplains. I urge my colleagues to support the bill, and I really thank the members of the Financial Services Committee, particularly Ms. Waters and Mr. Frank, and on our side Mr. Bachus, the chairman. SmarterSafer.org, Washington, DC, June 30, 2011. Hon. John A. Boehner, Speaker of the House of Representatives, U.S. Capitol, Washington, DC. Hon. Nancy Pelosi, Minority Leader, U.S. House of Representatives, U.S. Capitol, Washington, DC.…
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I really appreciate that. Thank you. You were great as chairman, great as ranking member, and I think education is where it all starts in this most important committee. Thank you.





