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What's The Future Of The National Flood Insurance Program?

The National Flood Insurance Program has been tapped for years because of rising seas, river flooding and hurricanes. Congress passed bills this week to extend the program for another nine months.
The National Flood Insurance Program has been tapped for years because of rising seas, river flooding and hurricanes. Congress passed bills this week to extend the program for another nine months.

Congress has passed two spending bills to fund the federal government. President Donald Trump is expected to sign them, avoiding a shutdown.

One provision in those bills is a reauthorization of the National Flood Insurance Program. With the president's approval, the program will be extended through Sept. 30, 2020.

While the insurance program will continue for now, its future is in jeopardy: It's more than $20 billion in debt. Premiums are too low, and there are people who probably should be paying into the pool who aren’t.

The South Florida Roundup delved into the issue. Host Jessica Bakeman talked about where NFIP now stands with Tom Frank, who covers the environment for E&E News, and WLRN’s environmental reporter Jenny Staletovich.

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