Political Quotes

“as I announced earlier, today the Senate will vote at 5:30 to advance legislation which will protect millions of homeowners and small businesses from drastic increases in flood insurance premiums. This bipartisan measure will save many homeowners thousands of dollars a year and protect America's recovering housing market. Since higher premiums would kick in whenever a home is sold, still struggling housing markets across the country could stumble if Congress allows flood insurance rates to skyrocket. That will happen if we don't move this legislation. The bill before the Senate will preserve current rates until the Federal Emergency Management Agency submits a plan to keep premiums reasonable and provide stability to home and business owners. I wish to thank Senators Menendez and Landrieu, as well as Senator Isakson, for their leadership on this issue. Their bill will cut through the red tape and give consumers better, cheaper options when they shop for insurance. So I hope the Senate can wrap up work quickly on this measure. We have tried for weeks to get agreement to move forward on it, but we are never quite there. Always there are requests to give a little more time. That time has run out. Homeowners deserve certainty, and the Senate faces a substantial workload over the next 3 weeks. Tomorrow, President Obama will address Congress and the Nation in his annual State of the Union address.…”