The High Cost of Floods
Mitigating the Impact of Floods on Communities and the Federal Budget
Buy Full Issue$19.95Excerpt
Floods are the most common and costly natural disasters in the United States, and despite scientific advances and the implementation of Federal hazard-reduction policies, flood damage continues to escalate. In the wake of “Superstorm Sandy,” which ravaged the East Coast this fall, the Federal Government’s program for coping with such disasters itself is now strained to the limit.
Congress created the National Flood Insurance Program (NFIP) in 1968, after a series of floods destroyed homes and businesses in coastal areas and along major river basins, making clear that without insurance coverage, the gover…
Buy Full Issue$19.95In This Issue
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The High Cost of Floods
Mitigating the Impact of Floods on Communities and the Federal Budget
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National Flood Insurance Program Overview
Background on NFIP and Issues for Debate
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National Flood Insurance Program Reform
GAO Recommendations for Congressional Action on Flood Insurance
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Controlling Flood Risks
Protection and Restoration of Floodplains
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Climate Impact on Coastal Areas
Changes in Sea Levels, Temperatures, and Precipitation
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National Flood Insurance Program Reauthorization
Summary of the Biggert-Waters Flood Insurance Reform Act
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Legislative Background on Federal Flood Insurance
Recent Action by Congress on Reauthorizing the NFIP
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Pro & Con
Should Congress Approve National Flood Insurance Legislation in its Current Form?
