Lawmakers want recommendations on reforming NFIP
by For the MBJ
Published: April 19,2011
WASHINGTON — U.S. Senators Roger Wicker (R-Miss.) and Thad Cochran (R-Miss.) have called for the Federal Emergency Management Agency (FEMA) to offer lawmakers its recommendations for reforming the National Flood Insurance Program (NFIP), which needs to be reauthorized this year.
In a letter to FEMA Administrator Craig Fugate, the senators requested FEMA provide these recommendations as quickly as possible.
“I believe an effective renewal of the flood insurance program will depend on a good amount of cooperation between FEMA and Congress, and I appreciate FEMA’s willingness to work with us over the past year,” Cochran said. “Many Mississippians, like millions of people across the nation, will be best served if Congress can pass a full reauthorization of NFIP with proper reforms. The Congress, along with FEMA, should strive for a program that both allows for robust input from local communities while also taking responsible steps to move the NFIP out of debt.”
Wicker and Cochran were joined by Senators Richard Durbin (D-Ill.) and Mark Pryor (D-Ark.) in the letter to Fugate. The four have joined together to continue to seek out bipartisan, responsible and cost-effective solutions to the challenges facing communities that must rely on flood insurance.
Source: Sen. Thad Cochran
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Chris McDaniel gets a thank you note from Travis Childers
- Senate passes teacher pay raise legislation
- Pickering collects more money from failed beef plant project
- Lawmakers debating alternative to Medicaid expansion
- The First acquiring Alabama bank in cash/stock deal
- Todd Smith's Spin Cycle — Not milk! It’s end of era for milk industry’s iconic ‘Got Milk?’ campaign
- States settle with manufacturers in DRAM price-fixing case
- District at Eastover takes shape with financing in place, tenant signings under way
- MBJ's Businesswoman of the Year never expected her career to take this path
- Mississippi ag aviation plays a critical role in production and profitability