Real Solutions Democrats back off backstop; proponents vow to press for national cat coverage
Free-market groups and other opponents welcomed the platform shift. While staying out of the partisan fray, R.J. Lehmann of the R Street Institute said in a statement that he was encouraged “to see a major American political party backing away from a proposal that would displace private insurance markets, put taxpayers on the hook for potentially enormous losses and subsidize further development of already fragile coastal ecosystems.”
