Political Quotes

“I thank the gentlelady from West Virginia for yielding. Mr. Speaker, we have a flood insurance program that is broken. In fact, 18 different times in the last 5 years the National Flood Insurance Program has either expired or nearly expired because of all of the flaws and disagreements within Congress. And yet the result of that was that Biggert-Waters law of 2012 that is now being implemented in a way that is unworkable for the Nation. Mr. Speaker, I think if you look at what American families expect, they expect a flood insurance program that is both sustainable and affordable, and these two are not mutually exclusive. In fact, what we are achieving with this bill that is on the floor today will accomplish both. It will make the program sustainable for the future with real reforms, reforms that can actually be implemented in a way that will allow the program to move forward and pay for itself. In fact, this bill is fully paid for. It also allows it to be done in a way that families can afford to pay their flood insurance premiums, because sending somebody a $10,000- or $20,000-a-year bill on a $200,000 house that never flooded is not an actuarially sound rate; it is a death sentence. Federal law should not be implemented in a way that literally forces millions of people out of their homes who played by the rules. So what we are bringing to the floor today is an actual solution to a problem. This is not some delay.…”