La. Democrats Criticize Americans For Prosperity For Stance On Flood Insurance Reform
Stephen Handwerk, executive director of the Louisiana Democratic Party, criticized Americans for Prosperity for that organization's stance on reforms to the Biggert-Waters Act that has received widespread bipartisan support.
"They're really putting their shoulder into this to try and stop it, and that's just absolutely wrong. It's wrong for Louisiana," Handwerk said.
Reforms to the National Flood Insurance Program, which has seen its coffers drained due to Hurricanes Katrina and Rita and Superstorm Sandy, as well as other natural disasters, mean homeowners could see their flood insurance rates spike by as much as 1,000 percent in some cases.
"You can budget for something that's regular. That's why all of us have insurance, right?" Handwerk said. "And without this modification, we're going to have undue burdens on our citizens here."
The U.S. Senate passed a bill last month that would modify the Biggert-Waters Act. The House last week passed its own bill that modifies Biggert-Waters even further. Both measures received widespread bipartisan support.
To listen to the full interview with Handwerk, click on the 'Play' button below.