Flood Insurance Problems ... Again!
Here's another little news flash that just came across my desk.
The U.S. Congress will need to extend the National Flood Insurance Program for the 18th time at the end of this month. If they don't, some 1,600 home closings per day will be held up beginning, well, June first I guess. The flood insurance program is some $18-billion in debt to the U.S. Treasury.
As you might expect, Democrats and Republicans are arguing about it and the bill is sitting in the House with no progress. Apparently both sides have added amendments to it that neither side will vote for, so the main bill is just sitting there. Same old bull @#*% with these people.
Somebody needs to explain to these Congressmen that this is not a bill they should play politics with. If they want to help bring America out of this recession and get the economy moving, they need to support real estate sales, not hinder them.
I guess it's time to write your representative ... again.
The U.S. Congress will need to extend the National Flood Insurance Program for the 18th time at the end of this month. If they don't, some 1,600 home closings per day will be held up beginning, well, June first I guess. The flood insurance program is some $18-billion in debt to the U.S. Treasury.
As you might expect, Democrats and Republicans are arguing about it and the bill is sitting in the House with no progress. Apparently both sides have added amendments to it that neither side will vote for, so the main bill is just sitting there. Same old bull @#*% with these people.
Somebody needs to explain to these Congressmen that this is not a bill they should play politics with. If they want to help bring America out of this recession and get the economy moving, they need to support real estate sales, not hinder them.
I guess it's time to write your representative ... again.
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posted by Terry Ward at 10:52 AM
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