I thank the gentlewoman for yielding. Mr. Speaker, I, too, want to add my words congratulating everybody for finally getting this done, but I also want to be real clear. I wish we could have done this a year ago, so we could have been…

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 program that is stable, fair, accessible, and cost-effective.

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 to do so.

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 am all for that. But in the final analysis, we are going to need more money to keep it up--to catch up now.

I voted against the sequester.

I just want to make sure it is safe, right? We are good?

We have a good system. We have to make it better.

I am all for capital.

If Government takes action and costs somebody money, that is either a direct or an indirect tax.