How would you grade the bill the Senate passed in the last Congress and the bill that recently passed the House in terms of improving the relationships between the premium property owners pay and their actual risk?
Senator Bunning questions the effectiveness of recent flood insurance bills.
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Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?
Do you agree that low down payment and no down payment loans were a significant contributor to the housing bubble?
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