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Steve Ellis
usatoday.com
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- Federal flood insurance costs taxpayers billions without reducing storm damage21 Jun 2018—usatoday.comThe National Flood Insurance Program costs taxpayers $30 billion. Congress should incentivize people to mitigate damage and privatize flood insurance. An alarming study by the National Centers for Environmental Information recently found that hurricanes are lingering for longer periods of time, causing historic rainfall and flooding as they “stall” over one location. This is not news to residents of Texas, Louisiana, Florida and other areas that have been ravaged by catastrophic storms in...
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