I think, unfortunately, we have developed a habit and a pattern of underbudgeting for emergencies that we absolutely know, based on historical records, are going to occur.
Editor's note · Context
Landrieu highlights the recurring issue of inadequate budgeting for known emergencies.
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I am sorry that we have left out Alaska and Hawaii. I am sorry, Senator Murkowski. We will fix that.
I felt like it was the most fair thing to direct 80 percent of that penalty back to the Gulf where the accident happened, which is what the RESTORE Act did and passed.
But I am committed, as you all know, as a subcommittee chair of the committee that funds the flood maps, to continue to hold these hearings regularly in hopes that we can have accurate flood maps prior to 2017 when this program has to be reauthorized by the Committee on Banking so that they can do their job well and get a program that works as we want to for everyone, the taxpayer, the homeowner, the neighborhoods, et cetera.





