WASHINGTON (Gray DC) -- The National Flood Insurance program is set to expire at the end of the month. With just days left to go of the Congressional work-week, Sen. Bill Cassidy (R-LA) says he thinks lawmakers are on track to approve at least a one-week, short-term extension so funds do not run out for homeowners and communities prone to flooding.
"This is heart-and-soul a program which helps working and middle-class America," said Cassidy during an interview with DC Correspondent Alana Austin.
Cassidy would like to see the current program extended for six to nine months. The Louisiana Senator says reform will likely not happen this year, but he thinks that will be taken up by the new Congress in 2019.
Cassidy says a priority will be making the program more “affordable, sustainable and accountable” while ensuring flooding protections to homeowners and communities. He would like to see a bill move forward that he's spearheading with New York Democratic Senator Kristen Gillibrand.
"There will be something good that comes out of this," said Cassidy.
Critics have raised longer-term concerns about the program's viability, including use of public funds to build and re-build homes in areas prone to flooding. Cassidy expects a new flood insurance extension would approve further studies into how the program is working.