Dem platform drops beach house bailout
Not only did Democrats not fulfill this unwise promise, but they’ve dropped it from their platform this year, notes R.J. Lehmann of the R Street Institute, a pro-free-market insurance-policy organization. Lehmann, in an R Street press release, applauded Democrats for moving away from the policy, which he says, “would displace private insurance markets, put taxpayers on the hook for potentially enormous losses and subsidize further development of already fragile coastal ecosystems.”
