Do you think it would be a good idea for us as legislators to look at doing this in other areas of government, where we could pass off some of the risk to the private sector versus having taxpayers take on all this risk?
Luetkemeyer suggests exploring risk transfer to the private sector in other government areas.
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What you are saying is that when you raise taxes, to the extent that the individual or small business cannot even pay it, it will force them out of business.
This has to stop. ... It is going to be a direct cost to the consumers, and it is going to hurt the small banks especially.
I have been an advocate for a long, long time of reinsurance to be able to minimize the taxpayers' exposure on flood insurance.
I think the tax cuts of 2017 showed that leaving money in people's pockets... seems to work.
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