QCOnline is reporting on a Schilling flip-flop concerning his vote in 2012 for the Biggert-Waters Reform Act that caused “drastic reduction in federal insurance subsidies” for flood insurance.
This happened when I was out of the loop so I have no idea why Schilling, who represented an area with many rivers subject to flooding, would vote for this draconian turkey—especially if the “Waters” named in the bill is the wacko Democrat Maxine Waters.
Of course the subsequent outcry over massive increases in insurance rates caused the congress to offer a fix to roll back increases called “Homeowner Flood Insurance Affordability Act”, which passed this year 306-91, Cheri Bustos being one of the 306.
But still, I give him credit for owning up to his poorly thought out vote in ’12, rather than bitterly clinging to it.
There are too many federal subsidies out there, but the way to handle them effectively and to get the maximum number of votes aboard is to reduce them gradually, rather than just pull the rug out from under those depending on them.