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Failing. Demarco. Man well manuel bojorquez. The harvey is creating Tropical Storm force. Winds near 40 mieltz an hour near the louisiana coast. 4 to inches of rain may fall there. Harvey expected to take a turn tomorrow. Tennessee, kentucky. See heavy rain by friday. Im Demarco Morgan. I will have much more from houston later. For mao the news continues with Anthony Mason in new york. Anthony. President trump was back on prompter talking about the disaster in houston and striking a different tone than he did when heap visited texas yesterday here is chip reid. To those affected by this storm, we are praying for you. And we are here with you. Reporter in missouri, ptd trump had words of comfort for the victims of hurricane harvey. To those americans who have lost loved ones, all of america is grieving with you. A sharp co ....
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National FloodInsurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the ....
Insurance companies, the private Insurance Companies would price in the risk. If there was money to be made by pricing in risk, they would do it. This is what we need. Its kind of ridiculous that all of the american taxpayers should be on the hook for National Flood insurance, as tragic as this situation is. Look, the all time record for a flood payout was 20 billion. Hurricane andrew in 1992. That was a cat 5 hurricane. Had it hit miami, there are estimates it would have been 200 billion. Thats a lot for even our federal government is to absorb. David it is. And bruce, already, the National FloodInsurance Program is 23 billion in debt. This storm could make it go up another 10 to 15 billion in debt. There doesnt seem to be any end to it. Well, here is the ....
With Hurricane Harvey response money and debt level increase and the senate is likely to consider later this afternoon and senators will be meeting behind closed doors to be greeted by top defense. And take a break while they meet for the party lunches theyll be discussing policy. Live coverage of the senate here on cspan2. The presiding officer the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. Almighty god, our refuge and strength, a very present help in turbulent times, thank you that though evil seems to prosper, you continue to guard and guide us with your loving providence. Lord, the challenges that our lawmakers face require more than human wisdom. Please shower our senators with your wisdom, directing them through lifes complexities to your desired destination. Remind them daily that human life is as fleeting as fading flowers and withering grass. May t ....