Quote of the Day
"The U.S. economy expanded at a faster clip than initially forecast in the third quarter, helped by more robust consumer spending and by stronger exports. The economy grew at a 2.5% annualized pace in the quarter, revised up from the initial estimate of 2.0%, the government said in its second estimate of quarterly gross domestic product. GDP growth was 1.7% during the second quarter.”
- Wall Street Journal’s MarketWatch, 11/23/2010
For Release: Friday, March 12, 2010
Contact: David Gillies: 202-225-5661
COSTELLO, ALEXANDER FORM BIPARTISAN HOUSE LEVEE CAUCUS
WASHINGTON - U.S. Congressmen Jerry Costello (D-IL) and Rodney Alexander (R-LA) announced that they have formed the Congressional Levee Caucus to draw attention to the needs of the nation’s levee systems. A top priority for the Caucus will be levee certification, as communities across the country are dealing with the effects of current Federal Emergency Management Agency (FEMA) flood remapping.
“Our region is experiencing first-hand the serious ramifications of the flood remapping process,” said Costello. “More and more communities are facing the same tough realities of mandatory insurance costs without clear information from FEMA. The Congressional Levee Caucus will continue to educate members about these issues and work to protect our communities in an economically sustainable way.”
Congressman Alexander is a cosponsor of H.R. 3415, legislation introduced by Congressman Costello to encourage local jurisdictions to take action to fix their levees while maintaining current flood maps.
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