The National Flood Insurance Program is critical to millions of Americans who need access to affordable flood insurance, but it is also in desperate need of reform. The current construct of the NFIP doesn't serve anyone well. Taxpayers are left unprotected, and the program continues to offer antiquated policies and provides insufficient coverage. FEMA continues to hold a monopoly in the flood insurance space, leaving policyholders with no freedom to choose a policy that works best for them. Mr. Speaker, last year, we came together as a body and passed comprehensive NFIP reform. Unfortunately, the Senate has failed to do anything with those even modest reforms that we had in that bill. Tomorrow, we are probably going to pass another bill and kick the can down the road. We will probably do the same thing in November. Mr. Speaker, I oppose this bill because I think it is time to make some reforms. It is time to take a stand and do something to protect the taxpayers who are on the hook for all of what I call the mismanagement of this agency and for these continued risks to individuals who are policyholders of these policies who continue to live in dangerous areas.
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