As compared to real things like the Biggert-Waters Act, which according to co-author, Democrat Maxine Waters, “I am outraged by the increased costs of flood insurance premiums that have resulted from the Biggert-Waters Act. I certainly did not intend for these types of outrageous premiums to occur for any homeowner. When I agreed to coauthor this legislation, our goal was to create a bipartisan solution to repair our National Flood Insurance Program. Neither Democrats nor Republicans envisioned it would reap the kind of harm and heartache that may result from this law going into effect. Plainly put, I am committed to fixing the unintended consequences of the Biggert-Waters Flood Insurance law.” Watch how many people will lose their homes or have their home become unsellable and their property values plummet. You see folks, this is called reality.
As compared to real things like the Biggert-Waters Act, which according to co-author, Democrat Maxine Waters, “I am outraged by the increased costs of flood insurance premiums that have resulted from the Biggert-Waters Act. I certainly did not intend for these types of outrageous premiums to occur for any homeowner. When I agreed to coauthor this legislation, our goal was to create a bipartisan solution to repair our National Flood Insurance Program. Neither Democrats nor Republicans envisioned it would reap the kind of harm and heartache that may result from this law going into effect. Plainly put, I am committed to fixing the unintended consequences of the Biggert-Waters Flood Insurance law.” Watch how many people will lose their homes or have their home become unsellable and their property values plummet. You see folks, this is called reality.