Today, Congressman Robert Pittenger (NC-09) voted in favor of H.R. 41, temporarily increasing the borrowing authority of the Federal Emergency Management Agency, which will allow the National Flood Insurance Program to pay claims related to Hurricane Sandy.
"The National Flood Insurance Program is outdated and in need of serious reform to protect the American taxpayer. However, the U.S. government has an ethical responsibility to fulfill our contractual obligation to the policy holders who have paid their premiums. Our objective should be to get the federal government out of the flood insurance business. Presently, we have an obligation to keep our word."
The resolution, which will provide $9.7 billion in additional funding for flood insurance claims, passed the House of Representatives by a vote of 354 to 67.