Political Quotes

On the recordJuly 24, 2018
I thank the gentlewoman for yielding. We are 1 week away from July 31--that is 7 days--which means the deadline to reauthorize the National Flood Insurance Program is nearing very fast. I would like to thank Mr. MacArthur for understanding the importance of avoiding a lapse in the NFIP program and for introducing legislation that will continue coverage for millions of policyholders. We know that flooding always has been and will continue to be the most costly natural phenomenon humanity faces. I support this amendment to extend the National Flood Insurance Program through the end of the 2018 hurricane season and urge my colleagues to do the same. Policyholders who rely on the program to insure their homes from flooding should not be caught in limbo while Congress works on coming together in a bipartisan manner to reauthorize the program. While I, along with many of my colleagues, support reform in the program, the time to enact bipartisan reforms is gone for now. We have to take immediate action. If the NFIP lapses, policyholders will not have the opportunity to renew their policies and tens of thousands of home sale closings would be negatively impacted by a program lapse. We are in the middle of the 2018 hurricane season, and a major disruption in the program will be detrimental to homeowners in every corner of the United States. It is our duty to ensure that flood insurance remains affordable and available to our constituents.…
Said by
Steven Palazzo
Republican · Mississippi
Source
govinfo.gov
Jul 24, 2018

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