Michael Capuano actually said...

To create a more stable and cost-effective program, we need to allow the private market to enter the space instead of inhibiting its ability...

It cannot continue to be a program that exposes taxpayers to endless risk, and it doesn't have to be.

I know a couple of things. And the one thing I know is that we have flood insurance because we haven't found a better way to do it.

I owe it to the families and business owners living in those communities, and we owe it to all Americans, to create a flood insurance progra...