A more practical and effective way to limit the damage firms can do is to limit their size and exposure.
Jim Bunning: “A more practical and effective way to limit the damage firms can do is to limit their size and exposure.”
Editor's note · Context
Senator Bunning suggests limiting the size and exposure of firms to mitigate risks.
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How would you grade the bill the Senate passed in the last Congress and the bill that recently passed the House in terms of improving the relationships between the premium property owners pay and their actual risk?
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.
Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?