A politically conservative group, the Heritage Foundation, has proposed a plan to dismantle the National Flood Insurance Program (NFIP) if Donald Trump is elected president. The plan, known as Project 2025, aims to reduce the size of the federal government and eliminate the NFIP, which is over $20 billion in debt. However, critics argue that ending the NFIP would disrupt home sales and property insurance across the country, as private flood insurance companies are not yet able to fill the gap. The proposal has sparked debate among economists, insurance agents, and policymakers.
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