Political Quotes

“Mr. Speaker, I rise today in strong support of the Homeowner Flood Insurance Affordability Act (HR 3370), and would like to thank Mr. Grimm and Mr. LoBiondo, all our colleagues from New Jersey, and the Republican leadership for working together to bring this much-needed legislation to the Floor. After Superstorm Sandy devastated the Northeast, our communities rallied, coming together to help friends and neighbors recover and rebuild. While progress has been made, some shore towns and the families who live along our coast are still struggling. Thousands of homeowners are working to rebuild their properties, and their lives-- and the difficulties they continue to face cannot be overstated. The coming rate hikes will have a chilling and dramatic impact on these communities, and mitigating the consequences for homeowners along the shore is a necessary step in the recovery effort. At the start of this year, over 80,000 flood insurance policies were in force in Monmouth, Ocean and Mercer Counties in my Congressional District. The exploding cost of flood insurance--a program that many have paid into for years--threatens to roll back much of the progress made, and once again leave homeowners looking for answers. The bill on the floor today makes targeted and necessary reforms and will prevent massive premium increases from hitting homeowners who simply cannot afford them--and cannot find a buyer to take them on, leaving them stranded and without a solution.…”