"After Hurricanes, Congress Ponders Future Of Flood Insurance Program"

"Congress is beginning to consider how to overhaul the flood insurance plan that many Texans are relying on to rebuild after Hurricane Harvey."

"WASHINGTON - The devastating hit Houston took from Hurricane Harvey has exacerbated — and highlighted — the enormous financial jam facing the National Flood Insurance Program.

Thanks to the recent onslaught of hurricanes hitting Texas, Florida and Puerto Rico, there has never been a greater need for the program. But that need has also set off a new round of calls to dramatically overhaul a program that hasn't been able to sustain itself without major subsidies from the U.S. Treasury.

Republican U.S. Rep. Pete Olson's Sugar Land-based district suffered some of the most intensive flooding in the state. He said he is open to some changes, but not if it risks payouts on Harvey claims his constituents are filing. He is quick to underscore the desperation in his suburban Houston district and doesn't want changes to make things worse."

Abby Livingston reports for the Texas Tribune October 9, 2017.

Source: Texas Tribune, 10/10/2017