Detailed text transcripts for TV channel - FOXNEWS - 20170831:13:20:00
Day the premium doubles, people have to start paying rates that are consistent with the risk, not only that, this is a government run program, lets us such flood insurance up to the private markets can actually come in, private insurance companies can offer coverage at better prices than the federal government. so the things that we are doing in the reform package make a lot a sense, and it to an earlier point, we will pay for someone's house, two or three or five times over, at what point does the government say enough is enough? we are not going to pay for your house five times, we might pay...