National Flood Insurance Program Extension Act
Mr. Speaker, I move to suspend the rules and pass the bill (S. 3628) to reauthorize the National Flood Insurance Program. Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, this is an unfortunate day where we are once…
Mr. Speaker, I move to suspend the rules and pass the bill (S. 3628) to reauthorize the National Flood Insurance Program.
Mr. Speaker, I yield myself such time as I may consume.
Mr. Speaker, this is an unfortunate day where we are once again extending the National Flood Program for--I don't know how many times we have done this. We have been unable to get to the basic reforms that this program demands.
But, Mr. Speaker, there are 140 million Americans who live in coastal counties, millions of whom depend on this program to protect them from flood risk. Without this program, they cannot buy or sell homes. If their policies lapse because we allow the program to lapse, they will not be able to buy a new policy, and if, God forbid, a storm like Sandy or like the storms that ravaged the Southeast recently, if one of those storms comes along during that lapse, those people will have no coverage. We simply cannot allow our failure to so negatively affect so many millions of Americans.
So, today, we are here to extend the program for another 6 months to give a new Congress time to get to some reasonable bipartisan reforms that will put this program on a solid footing for the future.
I am asking that we pass this bill, this extension. It is not perfect, obviously, but it is better than the alternative, and we need to get this done before this Congress recesses.
Mr. Speaker, I reserve the balance of my time.
Mr. Speaker, I agree with everything the ranking member said except she turned me into an Irishman. It is ``MacArthur'' like the general, not ``McCarthy'' like the majority leader.
Mr. Speaker, I yield 2 minutes to the gentleman from Louisiana (Mr. Graves), who has been keenly focused on this issue.
Mr. Speaker, I yield back the balance of my time.
