Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help me answer this in the most unique way Some politicians, especially in Florida, are advocating a national disaster pool. The proposed federal legislation encourages

help me answer this in the most unique way
image text in transcribed
Some politicians, especially in Florida, are advocating a national disaster pool. The proposed federal legislation encourages states to establish catastrophic funds to prepare for natural disasters. States' catastrophic funds would then be backed up by a federal fund named the Consumer Hurricane and Earthquake Protection Fund. The fund, administered by the U.S. Treasury (and funded by ALL taxpayers), would share the cost of catastrophic losses after states' catastrophe funds had been exhausted. What do you think of this idea? Should U.S. taxpayers nationwide share in the risks of those who choose to live and work in areas known to be at risk for hurricanes, earthquakes, flooding, wildfires, etc.? In your opinion, is there a more equitable way to address this issue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Research On Professional Responsibility And Ethics In Accounting Volume 21

Authors: Cynthia Jeffrey

1st Edition

1787549739, 9781787549739

More Books

Students also viewed these Accounting questions