Please, let's shed some crocodile tears for the citizens of Louisiana.
These citizens, as well as politicians in the state, have been at the forefront of the recent effort to substantively roll back National Flood Insurance Program rate increases imposed by the 2012 law, the Biggert-Waters Act.
The law allows the Federal Emergency Management Agency to increase fees over time as a means of bringing revenues and expenditures in line. Currently, the program owes the federal government $30.4 billion.
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