Jim Bunning: “The Administration has a proposal that frankly gives me some heartburn.”

today I pay tribute to my distinguished colleague from Utah, Senator Robert Bennett, who will be retiring from the Senate at the end of the 111th Congress. I have worked with Bob since coming over to the Senate in 1998. I have also had the…

One of my proudest accomplishments in the U.S. Senate was authorizing the 2004 law that reauthorized the National Flood Insurance Program.

if the Congress does it that way, you are absolutely correct that this program will fall into an abyss and never pay for itself, and the Government will be on the hook for more than the 18 plus billion dollars it presently is.

Well, sure, because the bank has to inherit that decreased value.