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S. 869, The Debt Reduction Priority Act (2 comments ↓)

  • This item is from the 111th Congress (2009-2010) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

S. 869 would require the Secretary of the Treasury to use any amounts repaid by a financial institution that is a recipient of assistance under the Troubled Assets Relief Program for debt reduction.

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marcopolo

July 20, 2010, 1:46am (report abuse)

I appreciate the concern which is been rose. The things need to be

sorted out because it is about the individual but it can be with

everyone.The above statement is seen to be contradictory. The situation is very critical and need an experience complainer to resolve it.

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kiroshimasylvia

(logged-in user) July 20, 2010, 11:29pm (report abuse)

I think that you need to check and see, my understanding is that flood insurance is available. One of the problems that the public may encounter is an agent that has not been to flood insurance education to sell it. That might have alot to do with it.. I think he said the other day that 33% of the claims for flood, were not in the flood plain. But, most people will not buy due to paying another premium….

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