I am hopeful we can find the common ground necessary to avoid a 17th short-term reauthorization.
Pat Toomey
The Public Record
Patrick Toomey is a former United States Senator from Pennsylvania, serving from 2011 to 2022. A member of the Republican Party, Toomey was known for his focus on fiscal conservatism, economic growth, and limited government. During his tenure, he served on several Senate committees, including the Banking, Housing, and Urban Affairs Committee, where he was involved in financial regulation and economic policy discussions.
I am ready to work, and I hope we can reach an agreement on the long-term reauthorization that improves the program.
It helps move the discussion to data and science and away from what are local politics, in many cases.
I think you said this in your opening statement, but is it your view that implementing Risk Rating 2.0 is a step in the right direction?
I am open to finding ways to help current, low-income owners afford flood insurance.
Clearly the NFIP systematically underprices flood insurance, and frustratingly, it is the policies of Congress that are the root cause of this, not FEMA.
When homeowners and communities are protected from the financial loss of flooding, all else being equal they have less of an incentive to manage and mitigate that risk.
But I would think the taxpayers are the people who should support that and not lower-risk policyholders within the NFIP.
I am hoping that we can find the common ground necessary to avoid a 17th short-term reauthorization.
I would strongly push back on the idea that we should leave the 232 trade policy as the status quo.
This is a reasonable request that I have made, as a Member of the Committee that has jurisdiction and oversight.
But the Democrats' March spending bill was not about providing COVID relief.
I just would like for you to commit to ensuring that that $2.2 trillion, in fact, goes, as the law requires.
It is my view that the Obama-era rule, which was, you know, we will call it the AFFH, was overly complex and it placed undue burdens on HUD grant recipients.
The Biden administration is now proposing almost a quarter of a trillion dollars more for housing.
He has pushed wasteful spending plans to achieve liberal wish lists, and he has proposed raising taxes to pay for these plans.





