The High Cost of Floods
Mitigating the Impact of Floods on Communities and the Federal BudgetBuy Full Issue$34.95
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$34.95
In This Issue
Mitigating the Impact of Floods on Communities and the Federal Budget
Background on NFIP and Issues for Debate
GAO Recommendations for Congressional Action on Flood Insurance
Protection and Restoration of Floodplains
Changes in Sea Levels, Temperatures, and Precipitation
Summary of the Biggert-Waters Flood Insurance Reform Act
Recent Action by Congress on Reauthorizing the NFIP
Pro & Con
Should Congress Approve National Flood Insurance Legislation in its Current Form?