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Providing for Consideration of H.R. 3193, Consumer Financial Freedom and Washington Accountability Act; Providing for Proceedings during the Period from February 13, 2014, through February 24, 2014; and for Other Purposes

Floor Speech

Location: Washington, DC


Ms. WASSERMAN SCHULTZ. Mr. Speaker, I rise to follow up on my good friend and colleague from Florida's comments on behalf of homeowners in south Florida and around the Nation who are trying to maintain affordable flood insurance coverage, and I urge the House leadership to bring the Homeowner Flood Insurance Affordability Act to a vote today.

Through the National Flood Insurance Program, millions of homeowners benefit from the ability to purchase affordable coverage, including thousands of south Florida families.

While I understand the need to keep the national flood program financially stable, we must do so while ensuring that these families can afford the coverage on their homes or they won't have coverage. Surging premiums destabilize our recovering housing market and they cause uncertainty for homeowners. The system cannot withstand these increases, and we must act to fix it.

I want to thank my colleagues in the Senate who, in a bipartisan way, passed this legislation, and my colleagues on both sides of the aisle who make up the 207 bipartisan cosponsors here in the House of Representatives who want to pass this bill into law. This is essential. We can't allow this to go on.

Mr. Speaker, our Nation's homeowners can't afford to wait any longer. We need to defeat the previous question and vote on this bipartisan agreement today.


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