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“Now, Congress must use this window to pass a long-term extension and commonsense reforms to the program.”

They should be embarrassed. It’s unrealistic that a reform package can be crafted, read, debated, revised, and voted upon in a week. If this is the best Congress can do, phase out the program. It’s likely we’d be better served by a flood insurance program run at the state level.

http://www.propertycasualty360.com/2011/09/29/house-approves-one-week-cr-with-nfip-extension?t=commercial-business