03/15/2011
https://www.congress.gov...
"That amount would not even cover the recovery estimates that we currently have, much less get to any of the necessary mitigation investments that have been requested under the President's budget."
"What are the consequences of not having the resources under which you would make those decisions?"
"So, in essence, it is more fiscally prudent to do the mitigation than to just replace as it was and wait for the next storm and repay all over again?"
"Of course, we should rebuild to protect against future storms."