As Lycoming County residents face skyrocketing flood insurance rates and ongoing countywide reassessment, U.S. Rep. Thomas A....
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I would love to run for congress!
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This is so funny congress has done nothing forever in a bipartisan way they finally pass one thing The Biggert waters 2012act and Its the biggest mistake they ever made! quote from Congressman Waters "The Homeowner Flood Insurance Affordability Act, introduced in late Oct., would delay increasing the cost of flood insurance caused by the Biggert-Waters Act until two years after FEMA completes the affordability study mandated by the bill passed last year.
Some homeowners have seen dramatic rate increases in their flood policies – a consequence Waters, a co-sponsor of the original bill, said was unintended and could have been avoided.
“Biggert-Waters was designed to update the NFIP and put it on the path to stability,” Waters said. “The law was supported on a bipartisan basis. Neither Democrats or Republicans envisioned they would inflict the pain and concern that many Americans are experiencing.”
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And thank you Tom Marino for voting for it and thank Pat Toomey for stopping the vote last week to put it on hold.We can live without it we have and we will StopFemANowLycomingCounty facebook
Thank Rep. Maxine Waters, D-Calif. and Judith Biggert, R- Illinois for this fiasco. This was a truly bipartisan plan to sap all taxpayers. NAR supported this bill from the beginning. By reauthorizing the National Flood Insurance Program, the Biggert-Waters law was supposed to end the uncertainty that was costing 40,000 home sales per month according to the NAR. Lobbying gone awry? FEMA is also accountable in that they did not implement the law as designed. They failed in initial estimates of costs, failed to warn buyers of "sticker shock", failed to train and hold accountable insurance agents who are issuing rate quotes that can differ by tens of thousands, when there is only one actuarial rate per property. FEMA failed to implement parts of the law that could help, installment payments, yet rushed forward with others that have created the "shock and awe" we now witness. Big government, can't live with it, can't live without it.
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