Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I ask unanimous consent to call up as pending amendment No. 802. If there is objection, I can…
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded.
Mr. President, I ask unanimous consent to call up as pending amendment No. 802.
If there is objection, I can talk about the amendment now. I will talk about the amendment now and then attempt to call up the amendment later in the day. I thank the Chair.
Mr. President, the amendment I am trying to get pending for the WRDA bill would delay the increase in flood insurance rates for people in this country who are going to be suffering in unbelievable ways. And I am not just speaking of homeowners or business owners but communities across America. This isn't a Louisiana issue. It is not a Louisiana- Texas issue. It is a national issue, as this chart will show.
These are all the States in the country that have flood insurance policies. Starting with Florida, which has the most, there are over 2 million flood insurance policies in the State of Florida. Texas is second with 645,000. Louisiana has 486,000 policies. California, the fourth State, has 256,000. New Jersey has 240,000. South Carolina has
205,000. New York has 178,000. North Carolina has 138,000. Virginia has over 100,000. Georgia has close to 100,000. Mississippi has 75,000.
Time and time again, I have been on this floor, warning about affordability problems in the National Flood Insurance Program and offering proposals to address this. Despite my advice and objections, last summer Congress made a mistake and passed the Biggert-Waters bill which contained huge rate flood insurance rate increases for many homeowners and businesses.
Our families and entrepreneurs across the Nation are beginning to see the disastrous consequences of that vote now. Some already see their premiums rising by 25 percent a year and many more will see these changes over the next 2 years. These rates must be stopped until an affordability study can be conducted and Congress can react to those results.
FEMA has never done an affordability study--it cannot even quantify how strong an impact these exorbitant rates will have on our citizens. In the bill last summer, Congress required FEMA to conduct an affordability study. Don't you think we should wait for that and know if these rate increases are affordable before we start such rapid increases? Congress can't possibly have asked FEMA to conduct this study and not want to use those results to make an informed decision on how best to structure rate changes.
I can tell you that the 480,000 policy holders in Louisiana are already telling me the rates are not affordable. Families and businesses in Louisiana are already paying exorbitant rates for flood insurance and some could see those rates go up dramatically under these proposals. Eliminating grandfathered rates, as the--Biggert-Waters bill did, means their property values will plummet.
If people cannot afford flood insurance policies, they will drop out of the program. When future disasters hit, they will be entirely dependent on federal aid to help them rebuild.
I agree that the National Flood Insurance Program needs to be self- sustaining, but not on the backs of Louisiana families and businesses and not on the backs of all 5.5 million policies holders in the National Flood Insurance Program. This is not the right way.
Flood insurance is not just about business and commerce; it is about culture; it is about a way of life; it is about preserving coastal communities; it is about being resilient in storms. We must make the flood insurance program resilient without endangering the financial future of our coastal residents.
This is a very serious issue, and I thank the chair, Senator Boxer, who has worked so hard on the underlying WRDA bill, which is so important. I also thank those Members who came to the floor last night. I understand Senator Menendez gave a very fiery and passionate speech about the problem he faces in New Jersey. I thank Senators Schumer, Gillibrand, and Lautenberg for cosponsoring this important amendment.
We want to work with the chairman and the ranking member to pass a WRDA bill. There is no State that benefits more from the WRDA bill than Louisiana, and I am extremely grateful for her leadership not just on this bill but on the RESTORE Act, which she helped shepherd through, which has helped the gulf coast in immeasurable ways, and her support of the FAIR Act on revenue-sharing, which will help the gulf coast get the revenues we need--just as interior States have--to build our own levees and not have to be such a drain on the Federal Treasury.
We can and are willing to do our own work. But the flood insurance bill, known as Biggert-Waters, never passed the Senate, and I wish to call that fact to Senators' attention. The bill was never brought to the Senate floor. The flood insurance bill that is called Biggert- Waters came out of the Banking Committee with a bipartisan vote--a similar bill. That was a House bill, and so a similar bill came out of the Senate, but it never came to the Senate floor for a vote. None of us ever got to debate it on the floor.
If you are not on the Banking Committee, wake up because this bill is going to affect your State, and if you are not on the Banking Committee, please listen to what I am about to say.
The bill never came to the Senate floor although some of us protested that at the time. There are statements in the Record that show the protests any number of us made at the time. The bill then sort of went dark. The next time it appeared, it was tucked into the Transportation bill, which had the RESTORE Act in it and the Biggert-Waters flood insurance, which might have passed the House of Representatives--I am not sure. Maybe it just came out of the House committee. I am trying to get clarification on whether this bill ever was passed by either body, and I will get that clarification in a few minutes. But it most certainly never came to the Senate floor, so no one here, except members of the Banking Committee--which Senator Vitter is a member of, and so he knows this issue very well--voted on this.
So while it is not a surprise to me, it may be a surprise to others to find out that flood insurance rates based on the reform bill that was tucked into the Transportation bill and into the RESTORE Act bill are now going to raise rates by 25, 50, or 100 percent on home owners. And when the grandfather clause expires--which was put in the bill to grandfather many property owners--my constituents tell me their properties will become worthless.
One can understand that a property worth even $1 million or $\1/2\ million or $250,000 has a flood insurance premium attached to it of a reasonable amount of money--$500, $600, $700. And that is still a lot of money, but people who live along the coast understand that we have to pay a little higher flood insurance rates and we have to build smarter and better, which we are doing as fast as we possibly can with the monies we have. There is not a coastal community in America that is not fully awake after Katrina, Rita, Gustav, Ike, and Sandy. Trust me, from the east coast, to North Carolina, to the entire gulf coast region, we are awake. We are understanding what is happening, and we are trying as hard as we can to make our communities as resilient as possible.
We are not completely to blame for the increased frequency of the storms or the rising sea levels. We all have a share of that, and it is happening, and we are on the frontline. Our communities have been devastated. Our people are literally drowning. We lost 1,800 people in Katrina--2,400 between Louisiana and Mississippi--from drowning and literally dying through these storms. We lost several hundred people in Sandy. So we understand what is happening, and we are doing everything we can.
This flood insurance bill that never passed this Senate--and I am not sure it passed the House, but it did come out of both committees, different versions of it--is now known as Biggert-Waters. I understand Mrs. Biggert is no longer a Member of Congress, but Congresswoman Waters is here. So the bill was pushed as a way of getting the Flood Insurance Program on a financially sound footing. I understand that.
We most certainly don't expect all the people of America to subsidize coastal communities, some of which may be second homes, et cetera. But in my communities, we are not talking about second homes; we are not talking about vacation properties, in large measure. We are talking about primary homes of fishermen, of dock workers, of people who work on the river, of boat captains, of industries such as the oil and gas industry, the roughnecks, the engineers who have to work, by the nature of their work, near the coast, which is where the trade and commerce of this Nation comes from.
If we could operate our trade and commerce only on railroads and highways, maybe we could all go live in Oklahoma or in Nevada. But, Mr. President, you are from Hawaii. You understand we have coastal communities all the way from Oregon to California to Texas to Louisiana to Mississippi; and, yes, there are some lovely vacation spots along the coasts. But there are also communities like those I represent, such as in Terrebonne Parish and Lafourche Parish and Jefferson Parish, where people wake up before the Sun and do not come home until it is dark. They are working at coastal businesses that are very important to the entire economic strength of this Nation.
This bill, Biggert-Waters, puts the entire burden of supporting coastal communities on the people who live on the coast, while some people who have a lot of money and can afford a mountaintop view go on the top of the mountains in other States. I am not picking on Colorado and Utah, but those come to mind--multimillion-dollar homes with beautiful views that look out across lots of land. Maybe they are not mindful of the work that is done on our coasts.
This is an issue that is important for the whole Nation. To have this bill pass--and I knew it when it happened. Mark Pryor, I understand, put something in the Record at the time, but now we are on the water resources bill, a very important bill for coastal communities. It is an opportunity for us to fix this bill or to get a reprieve for a short period of time until we can find a better approach for thousands of properties along the coast--whether it is in Texas or California or Florida or New York or New Jersey that was battered badly by Sandy-- rather than to put additional stress on these communities.
While I do not have the specific answer as to how to fix it in the long term, my amendment would simply hold off these rate increases for a year. It does not repeal the bill. It will just hold off these rate increases for a year, giving these Members in Congress time and an opportunity to fix what is terribly broken and to try to find a better, more affordable way to do so.
There are 480,000 policy holders in Louisiana who are already complaining about the flood insurance rates as they are today. When I go home now--and I go home often, very frequently--this is all people are talking about. There are other important issues that are going on, but I do not blame them, and I certainly understand it as a homeowner in Louisiana. Our delegation understands this. People are saying they are getting notices from their company that their insurance is going to go up hundreds if not thousands of dollars. What happens with respect to the grandfather clause, which is about to happen in October of 2014?
This flood insurance issue is a very important issue for the people in Louisiana, as I said, in Texas, in Mississippi, and in Florida, and that is what my amendment will address. My amendment is not pending, but I filed an amendment. We are waiting for a CBO score. We most certainly want to offset this if we can find the revenue it will take to offset this temporary reprieve.
I ask both the Republican and Democratic leaders to work with me and work with the other Senators who are interested in finding a solution to send a signal to these coastal areas that Congress understands the pressures of flood insurance in our low-lying areas--that would be in Maryland or Virginia or New York or New Jersey--that we hear them. We understand what is about to happen, and we would like a chance to try to adjust it, to fix it, et cetera, et cetera.
I am going to be working with the leadership. I know there are other Members who have amendments important to the WRDA bill. It is not my intention to stop this WRDA bill. It is a bill I certainly support. Louisiana can be greatly benefited. I thank Senator Vitter for his strong work as the ranking member of the EPW Committee on WRDA. We have some very important authorizations.
Let me also say something about this WRDA bill in relation to actual dollars. I sit on the Appropriations Committee for energy and water. I appreciate serving on that committee. Our job is to actually find money and direct funding to build some of these water resource projects.
Just yesterday, Senator Feinstein held a hearing--she chairs our committee; Senator Lamar Alexander is our ranking member--on the budget for the Corps of Engineers. I see my good friend Ben Cardin here and others who are very interested in projects on the WRDA bill, but they will be shocked to know when we asked--I asked--Jo-Ellen Darcy, the leader of the Corps of Engineers, the civilian leader of the corps, what was the number of backlogged projects, new construction projects that were backlogged and how much money was in the bill to build them this year, the first number was $1.6 billion. That is how much is in the appropriations bill roughly to build new water projects in the country, $1.6 billion. It sounds like a lot of money until you hear the second answer.
Then I asked her how many projects are in the queue for funding, ready to go, meritorious projects, urgently needed new construction. She said $60 billion worth. We have $1.6 billion in the budget to spend, and we have $60 billion worth of projects. We follow these numbers pretty closely because many of those projects are in Louisiana. So while it is important to get the WRDA bill passed, which is authorizing not only new projects, but it is also putting in some very important corps reforms to expedite the way some of these projects are built, the real problem and the real dilemma is closing the gap between what we have authorized and what we can actually afford to build.
Again, there is only $1.6 billion in the corps budget for new construction, and pending, even without this WRDA bill, is $60 billion worth in backlogged, authorized, important programs in all of our districts. With this WRDA bill there are an additional $23 billion in authorizations. So, yes, I support new authorizations. Yes, I support the WRDA bill. Yes, I most certainly support the reforms to the Corps of Engineers that are embedded in the language of this WRDA bill, but I cannot allow this to move forward, at least without raising a red flag and asking for some reprieve on the flood insurance issue.
I want to be flexible. I want to be open. I want to be a team player. This is not the time for my way or the highway. I have tried as much as I can to avoid that kind of politics because it is very difficult for all of us to move forward together. I have so much respect for Senator Boxer and a good bit of respect for Senator Vitter who is the ranking member. But this is the only way I know right now to raise this issue and to say we cannot, in Louisiana, with 480,000 flood insurance policies, manage to build our communities, to recover. We are doing beautifully. We would like to go faster, but you have not heard a lot of complaints coming from us. Our people are working hard, rolling up our sleeves. Our communities are coming back. We are using the insurance money. We are using the community development block grant money to build as smart and quickly as we can.
We have created the Water Institute. Every single one of our parishes has gone through what we call charrettes and community meetings to see how we can elevate our homes and build them more resiliently.
This is a huge and very tough burden to lay on the shoulders of the people in our coastal communities, not just in Louisiana but in Terrebonne and Lafourche, in Cameron, Calcasieu, Saint Mary Parish, and the river parishes, Saint John, Saint James, Saint Charles and Jefferson Parish. It is hurting north Louisiana as well.
We have flood insurance policies all the way up in our State. We would have flood insurance. Why would we have flooding? Because we have the Mississippi River. We are happy to have the Mississippi River, but the Mississippi River does not belong only to us. May I remind everyone that the Mississippi River, the Missouri River, the Ohio River are the spine, the backbone of our commerce for the whole Nation? Why should the people of Louisiana, who drain the entire continent--the mouth of the river runs right through New Orleans--why is it the people who live in south Louisiana have to pick up 100 percent of that risk? That is the way this bill is structured, to put on us the burden, 100 percent, instead of spreading it to everyone, to the whole country, in a reasonable and responsible way.
The way this bill is structured is to say we have to be self- sustaining in our flood insurance policies. We are sorry, but the people who live at the mouth of the Mississippi River, which provides commerce and wealth and creates huge amounts of wealth and jobs for all of us, have to take the water and pay for it ourselves. That is not going to work for us. It is not working for us. That is why I am standing on this floor. I want to work this out.
I am open to a number of suggestions. I hope the Senators who have lots of flood insurance issues, such as the Senators in Missouri and Illinois and the Senators in other States, will
give us some suggestions about how to move forward.
If this bill had passed the Senate and it was the will of the Senate and I had been on the losing side of that, I would not be standing here today. This bill never came before the Senate. It never came before the Senate. It was tucked into a bill that we had no chance to amend--none. You cannot amend a bill coming out of conference. There was no chance to amend this, no chance to fix it, which is why I hope my colleagues will understand and be patient with me. This is not about losing an issue last year and coming back and crying about it. This is about we never got a chance to even talk about this on the Senate floor.
This is a water bill. It has everything to do with the subject matter. It is not ``not germane'' to the subject matter of this bill. I would like to have a vote on my amendment or a vote in some way to declare that we are acknowledging this problem; that we might not have a solution today, but we most certainly are willing to work on it because this is devastating for coastal communities all over the country.
It is not fair for our working coast--whether it is fisheries or oil and gas or wind or manufacturing--for our coastal communities, our commerce and trade, to pick up the entire burden of this Flood Insurance Program. Let's try to be reasonable. I am going to be as patient as I can. I understand how important this bill is to everyone. I am most mindful of how important it is to my State. We have been trying to get a WRDA bill out here on the floor for several years, and we finally have one.
I am going to leave my amendment as it is. It is not pending. It has been filed. I am going to ask for this vote to be worked out, and until then I will object to any other amendments coming up for a vote until we get some way forward.
Again, I want to be flexible, I want to be open, and I would like eventually to see the WRDA bill passed.
I ask unanimous consent that the order for the quorum call be rescinded.