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In this Sept. 11, 2017 file photo, Quintana and Liz Perez look at the flooding outside their home in the aftermath of Hurricane Irma, in Immokalee, Fla, one of the poorest towns in the state. (AP Photo/Gerald Herbert)

(Bloomberg) – President Donald Trump proposed ending federal flood insurance for new homes in areas most at risk of flooding, a change that could curtail new construction in vast parts of Florida, Louisiana and along the Eastern Seaboard. 

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