On the recordJanuary 4, 2013
The list of cosponsors to this legislation submitted this morning should be treated as original cosponsors, reflecting their intent to, in fact, be on the legislation when it was introduced last night. I rise today to continue the process of this House of seeking to aid and help those American citizens who have been devastated by Hurricane Sandy. This storm has left literally millions without power, thousands without homes, and the total area is destroyed. So the piece of legislation before us today is very simple. It temporarily increases FEMA's borrowing authority for carrying out the National Flood Insurance Program. And so this legislation is really vital to ensure that the homeowners in my State of New Jersey, as well as in New York and Connecticut and any other affected areas, will be able to continue to have their contractual flood insurance policies with the NFIP honored. So by temporarily increasing this borrowing authority, it will provide to both homeowners and insurance companies handling the claims that the Federal Government will meet its contractual obligations. People who have been devastated by the storm will be able to continue to move forward and onward with their lives. I want to take a moment just to commend the gentleman from New York (Mr. Grimm), who led a group of Members and other volunteers to help clean and repair some of the devastated areas.…





