White House rejects national catastrophic insurance
2007 April 12
And for good reason if you ask me. This is rare, so pay attention. I’m going to let Sen. Shelby speak for me:
Sen. Richard Shelby of Alabama, the top Republican on the committee, underscored the sentiment of many noncoastal-area lawmakers, asking several times why U.S. taxpayers should subsidize “million-dollar vacation homes.”
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