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Federal Flood Insurance Drains Taxpayers

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Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars. Original Article: Federal Flood Insurance Drains Taxpayers [embedded content] Tags: Featured,newsletter

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Federal flood insurance was created ostensibly to provide insurance to people who live in flood-prone areas. Not surprisingly, it subsidizes bad home-building decisions and wastes billions of dollars.

Original Article: Federal Flood Insurance Drains Taxpayers


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