On the recordFebruary 26, 2014
I thank the distinguished gentleman from Colorado. Mr. Speaker, the people whom I represent at home in Brooklyn and in Queens have been hit hard by the devastation of Superstorm Sandy, and many of these working families are still struggling to recover from this vicious storm. Homes were destroyed. Businesses were ruined. Lives have been turned upside down. That is why, Mr. Speaker, we need to deal with the issue that has been brought before the people who have suffered from this storm and who now face significant flood insurance rate increases as a result of the Biggert-Waters law passed in 2012. The people who were victimized by Superstorm Sandy are now facing the prospect of significant flood insurance premium rate increases that are heading directly at them like an out-of-control freight train, and this House should be stepping in to stop that freight train dead in its tracks. That is why I support the reform of the Biggert-Waters law. We should suspend the flood insurance increases that are heading towards these Superstorm Sandy victims. We should allow for FEMA to conduct an affordability study. We should give Congress the opportunity to get this issue correct.…





