Political Quotes

“Madam President, I ask unanimous consent to have printed in the Record another letter along the same vein addressed to Senator Tester, the subcommittee chair, and myself, the ranking member on the subcommittee, again strongly supporting this effort. Let's do it. Let's do it now. This is the SmarterSafer coalition, and this letter is dated May 9. There being no objection, the material was ordered to be printed in the Record, as follows: Americans for Smart Natural Catastrophe Policy, May 9, 2012. Hon. Jon Tester, Chair, Economic Policy Subcommittee, Senate Banking Committee, Washington DC. Hon. David Vitter, Ranking Member, Economic Policy Subcommittee, Senate Banking Committee, Washington, DC. Dear Senators Tester and Vitter: As a diverse coalition of taxpayer advocates, environmental organizations, insurance industry interests, housing groups and others, we thank you for your efforts to reauthorize and reform the National Flood Insurance Program (NFIP). The hearing you are holding today is a positive step to getting the full Senate to consider and pass the Banking Committee-passed bill to reform NFIP, which as you know is in need of serious reform. The program is currently almost $18 billion in debt to federal taxpayers and that amount is likely to increase if reforms to the program are not implemented. Without significant reform, the NFIP will not be sustainable and American taxpayers will continue to be asked to bailout the program time and time again.…”