Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, we have all seen the terrible tragedy and suffering from Harvey, Irma, and Maria. We have seen the shattered homes, and we have seen the shattered lives. I have been to Houston and my native Texas to visit with a number of the victims. There are many tragedies, Mr. Speaker, out of these hurricanes and flooding, but one of the tragedies--one of the tragedies--is that in Harris County, where Houston is, 80 percent of the homes that were flooded didn't have flood insurance. Now, why didn't they have flood insurance, Mr. Speaker? I believe one of the reasons is because we have a government monopoly called the National Flood Insurance Program. Many people don't even know of its existence. Many people think they were safe because they were 3 feet outside of the government designated 100-year floodplain. Many thought that somehow this was simply rolled into their homeowners' insurance policy, but it wasn't. So, Mr. Speaker, we have an opportunity to make sure that people have more affordable options for flood insurance. Wouldn't it be wonderful that for every time you saw a life insurance commercial or an auto insurance commercial, you saw something about flood insurance to help educate the American people about the need for this basic insurance policy? We could see the savings occur as people rolled this into their homeowners' policy. In the very small portion of the market, Mr.…
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Mr. Speaker, I yield 1 minute to the gentlewoman from Missouri (Mrs. Wagner), the chair of our Oversight and Investigations Subcommittee, also the lead sponsor of an important provision in this package of bills, H.R. 5970, the Modernizing…
Mr. Speaker, I yield the gentleman from New Jersey an additional 30 seconds. Mr. MacARTHUR. Mr. Speaker, we cannot pull the rug out from underneath the people depending on this program. I will continue to work with the committee, with our…
Mr. Speaker, I ask unanimous consent that all Members have 5 legislative days to revise and extend their remarks and include extraneous material on the bill. The SPEAKER pro tempore. Is there objection to the request of the gentleman from…
Mr. Speaker, I yield 2 minutes to the gentleman from Wisconsin (Mr. Duffy), the chairman of our Subcommittee on Housing and Insurance and the author of the real flood reform bill.





