Political Quotes

“Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, I want to start out by expressing my deepest appreciation to the manager of this bill, Representative Biggert, and also a cosponsor of this legislation, in addition to Representative Bachus and Representative Waters, a bipartisan initiative. {time} 1640 As Mrs. Biggert has indicated, this study was originally included in the flood insurance bill that passed the House but was later dropped for reasons of expediency. It was not controversial in negotiations with the Senate. I believe that a community-based flood insurance option may eventually provide a wonderful cost-saving option for communities within the framework of the overall National Flood Insurance Program. The potential for savings and community empowerment certainly merits a study. H.R. 6186 would require FEMA to study voluntary community- based flood insurance options and examine how such options could be incorporated into the National Flood Insurance Program. The idea is to study group flood insurance policies for a National Flood Insurance Program-participating community or a FEMA-designated flood plain so that everyone in the community would pay the same rate. Now, this approach has merit because it means not only potentially lower rates due to increased participation, but there is also the option of providing lower-income households with access to vouchers to purchase flood insurance as part of the group.…”