Corker Votes Against Bill On Homeowner Flood Insurance

Thursday, January 30, 2014

Senator Bob Corker,  a member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement today after voting against S. 1926, the Homeowner Flood Insurance Affordability Act, which he said "delays for over four years much-needed reforms to the National Flood Insurance Program, a program that is already $24 billion in debt."

 

Senator Corker said, “Just a few months after the new flood insurance rates started to go into effect, rates that actually reflect a more reasonable estimate of the true cost of this federal program, the Senate caved to narrow parochial interests.

  If we really wanted to address the legitimate affordability concerns of some, we would have passed the Toomey Amendment, which phases in risk-based rates more slowly while providing FEMA and legislators the opportunity to consider and adopt an adequate means-testing program. We will never solve our nation’s toughest challenges if we can’t even live for a few months within the terms of the small reform measures we actually do put into law.”



Habitat For Humanity Appoints 5 New Board Members

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Williams Donates $11k To Woodmore Elementary

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Opposing Sides Expected To Show Up For Coolidge Park Rally Thursday Night; Some Urged To "Bring Your Guns"

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Shame On Anyone Planning A Protest At Coolidge Park Thursday Evening - And Response (3)

Whether you're Alt-Left or Alt-Right, Coolidge Park isn't the place to showcase your hate and indifference with one another. Just because it's your right, that doesn't necessarily mean that you should do it. Many have this misconception that this park is named after a President, Nope. It's named after a great man, a true patriot, and Medal of Honor recipient from right ... (click for more)

A Tale Of 3 Properties

Here in Lookout Valley on the far southwest edge of Chattanooga and Hamilton County, trees and rocks are plentiful but sidewalks are as rare as unicorns. It’s a land the governments forget – until tax collection time.  The recent county reappraisal spoke about ‘comps,’ recent sale prices of comparable local properties. But the assessors defined ‘comparable’ to suit themselves, ... (click for more)