New Jersey’s Menendez, Pallone Tout Flood Insurance Reform Legislation

August 21, 2017

  • August 21, 2017 at 9:24 am
    PolarBeaRepeal says:
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    Rubio’s name on the same bill as Elizabeth Lie-a-watha Warren merely means he’s publicly exhibiting his ‘inner RINO’.

    The 10% cap on rate increases will simply drive up the $23B deficit position, and allow more risks to remain in flood prone areas at the expense of taxpayers. Subsidizing bad risk behavior inevitably leads to market collapse. The question is: will 50+ Senators be dumb enough to adopt this quick fix ?



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