Political Quotes

“Mr. Speaker, I rise today in support of the Homeowners Flood Insurance Affordability Act, which removes some of the unintended consequences from the Biggert-Waters law that would increase flood insurance premiums on my constituents. This bill would repeal the premium hikes and would reinstate ``grandfathered'' rates for properties that were remapped into higher-risk areas. In my own district following Superstorm Sandy, the changes in flood projections brought on by the storm will hit my constituents with higher flood insurance premiums--some as high as $10,000 extra per year unless Congress acts to mitigate the hike. I think we can all agree that we want to address the fiscal concerns faced by the National Flood Insurance Program--but these steep, immediate rate hikes are not the way. This is a bipartisan bill that offers immediate protection to my constituents from financially devastating flood insurance premium hikes. I urge my colleagues to vote ``yes.''”