Primarily, I think it would bring incentives closer to the people making decisions. I think it would have pretty dramatic effects on where people choose to liv

Primarily, I think it would bring incentives closer to the people making decisions. I think it would have pretty dramatic effects on where people choose to live, how they construct their houses, and their level of disaster preparedness. And these are all very good things. Secondarily, it would ever so slightly reduce the federal budget. I don't have any illusion that it would be a meaningful impact on the budget, but I have very similar attitudes towards a wide swath of other federal programs.