Political Quotes

“I thank my colleague from Louisiana for asking that question. What I am hearing from Mississippi, and what I think we are going to be hearing from all across the United States of America, is that this is about to be a disaster for property owners in the United States of America. So I join my colleagues today--and perhaps there will be others besides the three of us on the floor--in saying we need to address the very real problem of increases in flood insurance premiums, which will unfairly hurt homeowners and businesses in my home State of Mississippi and across the United States of America. I appreciate my colleague presenting the map to show that this is indeed a national problem and not just a regional or coastal problem. The severe onset of unaffordable rates--unaffordable rates--could have a devastating impact on the livelihood of homeowners and communities throughout the Nation and on our economy. Moreover, they could jeopardize the long-term solvency of the National Flood Insurance Program, which covers some 5.6 million Americans. There is no doubt that NFIP faces enormous challenges. The damages wrought by storms such as Katrina, Rita, and Sandy have left the NFIP in the red for nearly a decade, amounting to nearly $24 billion at the last count.…”