Flood Insurance Dilemma
Flood insurance is currently underpriced, leading to a cycle of debt for taxpayers and encouraging risky development in flood-prone areas. FEMA plans to raise insurance costs to reflect actual flood damage payouts, but this could make coverage unaffordable for many, particularly those who need it most. While experts support these changes, the responsibility to address affordability lies with Congress, not FEMA.In this clip
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Short Wave
Millions Of U.S. Homes Face An Expensive Flooding Threat
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