|
Political Factoid
Significant federal spending cuts
could come from eliminating the
unscheduled federal subsidies and
tax credits for state-specific disaster
recovery.
- Let the individual states step up to the
plate and get their own "private"
insurance.
- Replace each disaster relief loan* with a
limited "voucher" (discount coupon) to the state governor.
- Have the IRS issue a refund "voucher" **
in lieu of a tax credit for disaster losses.
| * |
At rates competitive with the marketplace.
|
| ** |
To be retrieved from private insurance companies,
e.g., after 30% administrative fees.
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cf.
783,
766,
1530
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-30-
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