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Fortunately the Trump administration (in partial continuation of Obama policies) is attempting to reduce FEMA subsidy for people living in floodplains[1]. It's
by cossatot 9y ago
Fortunately the Trump administration (in partial continuation of Obama policies) is attempting to reduce FEMA subsidy for people living in floodplains[1]. It's a messy process to end an unhealthy subsidy that many depend on but with this particular problem it may be worth buying people out--lives are at risk as well as just dollars.
[1]: https://www.bloomberg.com/news/articles/2017-08-23/trump-fema-chief-supports-cutting-coverage-for-flood-prone-homes https://www.bloomberg.com/news/articles/2017-08-23/trump-fem...
- MBCook 9y agoThat's good. That's one of those things (like the home interest tax deduction) that seems like a terrible idea we already have and is near political suicide to actually get rid of. At best people can just keep chipping away at it until it's affectively gone.