NU Online News Service, Feb. 17, 10:01 a.m. EST
The Government Accountability Office has sounded the alarm on National Flood Insurance Program shortcomings, and has called on Congress to restructure the program.
The report, issued late yesterday, cited the NFIP as "high risk," one of approximately 30 government operations that the GAO identified as a problem due to "greater vulnerabilities to fraud, waste, abuse, and mismanagement or the need for transformation to address economy, efficiency, or effectiveness challenges."
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