Political Quotes

“today on the suspension calendar H.R. 253, the Two Floods bill, is an opportunity to reauthorize and reform America's flood insurance program. It is a great opportunity to build on the legacy of the late Hale Boggs from Louisiana who helped create the program because he understood how important it was to a State like his. The bill passed out of the Committee on Financial Services with a unanimous vote, broad support from bankers, realtors, environmentalists. With the help of the gentleman from Louisiana (Mr. Baker), we assure that the special needs of flood-prone areas are met, that we help people move their homes out of harm's way, that there is more assistance for the States with the biggest problems, and it will reduce the premium pressure, saving money for 4 million policyholders. Last, but by no means least, these reforms will ultimately mean significant savings in disaster relief costs for the Federal Government. One percent of the property should not require 25 percent of the loss costs for the entire country. This Bill is a win-win for the economy, for people moved out of harm's way, and for the environment. I urge my colleagues to carefully consider it as it comes forward later today.”