National Flood Insurance Program Is $24.6 Billion In Debt, And Harvey Claims Haven’t Even Started
LISTEN TO TLR’S LATEST PODCAST: Tim Pearce The National Flood Insurance Program (NFIP) offered by the Federal Emergency Management Agency (FEMA) is insolvent and on track for bankruptcy at $24.6 billion in debt to the U.S. Treasury, The Advocate reports. Insurance claims from the Category 4 hurricane that flooded the Gulf Coast of Texas last…

