NU Online News Service, Sept. 23, 10:00 a.m. EDT
Government Accountability Officials cautioned members of the Senate Banking Committee Wednesday that major changes in National Flood Insurance Program's policies and administration are needed, and could involve tough decisions that Congress may be unwilling to make.
Orice Williams Brown, GAO director of financial markets and community investment, cautioned that, "Addressing the financial challenges facing NFIP would likely require actions by both FEMA and Congress that involve trade-offs, and the challenges could be difficult to remedy."
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