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Tag: Taxpayers

Activity, Insurance

U.S. Taxpayers Face Hit From Flood-Insurance Program Drowning in Debt

September 1, 2017

Via: TheStreet

The National Flood Insurance Program is nearly broke, and just at the worst possible time. The U.S. government’s 49-year-old flood-insurance program is about $25 billion in debt, with just $1.7 billion of cash and $5.8 billion of borrowing capacity. And […]