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National Flood Insurance Program expires amid government shutdown

By Home - CBSNews.com Oct 1, 2025 | 6:44 PM

As the housing market braces for the impact of a government shutdown, authorization for the largest residential flood insurance program in the U.S. has expired. Neil Alldredge, President and CEO of the National Association of Mutual Insurance Companies, joins “The Daily Report” to discuss.

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BREAKING THE BUDGET IMPASSE

What should be done to break the impasse in approving Pennsylvania’s budget?

Increase income taxes to pay for more spending.
Draw down the state's rainy day funds to pay for more spending.
Tax the so-called "skill games" machines to pay for more spending.
Legalize recreational marijuana to pay for more spending.
We don't need more spending, we need less! No new taxes!
We do need to increase spending on some programs, but there's plenty of wasteful spending we should cut. No new taxes!
Voting Ends: Oct 7, 2025 | 12:00 PM