The National Flood Insurance Program (NFIP) was created to provide “a reasonable method of sharing the risk of flood losses through a program of flood insurance which can complement and encourage preventative and protective measures.” To foster increased participation, the NFIP did not charge actuarially sound rates, or increase rates based on previous loss experience. […]
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Eliminate the Inland Waterways Users Board
The Inland Waterways Users Board is a congressionally mandated advisory committee tasked with making recommendations on the priorities and spending from the Inland Waterways Trust Fund. The 11-member board consists of industry representatives from all regions of the fuel‐taxed system. The board represents commercial interests, and the only non-industry representative is the U.S. Army Corps […]
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