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    Sandy Relief: Final Vote on Pork Package Set to Go

    Despite all the handwringing, it appears that President Barack Obama will get what he wanted in his excessive $60.4 billion request related to Hurricane Sandy. Shortly after his request was sent to Congress, the Senate approved President Obama’s package largely intact. Last week, the House passed $9.7 billion for the … More

    Senate Flood Insurance Compromise Will Reduce Taxpayer Cost of Disasters

    Further scrambling to pay for transportation projects and the subsidized student loan interest rate freeze, Congress is now debating to add a five-year flood insurance extension to the burgeoning bill. Revenue gained from higher premiums to the National Flood Insurance Program (NFIP) should begin to repay the $17.5 billion the … More

    Federal Wind Insurance Is Still a Huge Mistake

    Like the monster in a third-rate horror movie that seems to be destroyed but comes back again and again, some bad ideas in Washington keep popping up. Adding wind insurance coverage to the National Flood Insurance Program (NFIP), a program that already needs to be bailed out every few years, … More