The U.S. House of Representatives has extended the National Flood Insurance Program through hurricane season.
This program is deep in debt, and many people believed it was going to close. However, the program will remain active until at least November.
Will a more sensible solution be concieved to replace this failing program, or will the government only keep dumping money into it? There is a hot debate on the program’s purpose, effeciency, and future. There are several proposals to rather revise or replace the program.
The one thing we do know: nothing will change for the next 4 months.
House extends National Flood Insurance Program through hurricane season