and relied on nfip the most. they all have at least $1 billion in nfip claims since 1978. 44 states have had over $50 million if claims over this time period. it's clear americans rely on the program but if we continue down this path, the program goes bankrupt. so my message to my colleagues representing states that rely on the national flood insurance program which is frankly all of us, let's find a way forward. my team has worked on a bipartisan, permanent solution that rolls back risk rating 2.0, makes flood insurance affordable and accountable again. i encourage my colleagues to join me in the new year to get this done. in the meantime, let our christmas gift to americans enrolled in the nfip be a lower flood insurance bill and peace of mind by reauthorizing the program. with that i yield. a senator: madam president. the presiding officer: the junior senator from nevada. ms. rosen: thank you. i ask that the quorum call be dispensed with. the presiding officer: we're not in a quorum call. ms. rosen: i rise to

if you already have flood insurance through what we call the nfip, which is just an acronym for the national program, you policy won't expire, if it's not at its termination date. you'll continue to have flood coverage, but you can't buy a new policy. that will have a huge impact on the real estate market in america. many institutions will not loan money to a new homeowner, or a homeowner who is trying to buy a home, if they can't get flood insurance, because the mortgage companies just don't want to take that risk. we've already seen, for a variety of reasons, the extraordinary increase in the price of a home in america. i was reading the other day that 10, 15, 20 years ago the average age of the first-time homebuyer in america was 28. today it's 38. why are people having to wait so much longer to buy a home? it's not because they don't want to buy a home. it's because they need time to save up the money for a home. but my point is that the price of homes, for a variety of reasons, in part because of inflation, the price of a home has just risen dramatically. i don't think any of us want to

i joined the president and urge legislative action to stabilize the nfip. fema faces rising best and interest costs which threatens of the long-term viability of the fund. our communities is more frequent and devastating disasters, they increasingly rely on fema and our federal partners. this is why i strongly encourage congress to fund all agency requests, as they all support fema's work of helping communities recover. for instance, cuts to housing and urban developers housing assistance programs can leave survivors without access to housing and increasing shelter costs while reducing funding for small business administration disaster loans, limiting our businesses ability to rebuildchallenges among federal agencies, resulting in gaps and inefficiencies and disaster response. additionally limited funding for mitigation efforts reduces long-term resilience in affected areas leaving them more vulnerable to future disasters and intensifying fema's burden in subsequent events. the administration's supplemental request is about ensuring fema along with federal

and as well with this act there were a number of organizations in that supported it for the nfip theer and the women impacting public policy all of those organizations supported it. and can i get a commitment from you to work with me on this legislation and help implement it especially given the desire buyer president to make sure that we are producinge regulatoy reform especially on small businesses? >> senator thank you very much and i did enjoy d our meeting. you talk to me about this legislation i thought wow this is really a commonsense thing and i think we just need more commonsense government. when you don't have two sides agree you need a referee and i like you told me about the bill which it would make the agencies with work together for becomes a public event and to help addressing legislationel so i think it's a very good piece of legislation that i'd like to learn more about and look forward to working with these on supporting our small businesses. >> thank you and i appreciate that so much and on a related topic what are your goals just in the first few months should you