Trump to revoke Obama-era flood risk building standards
“Eliminating this requirement is self-defeating; we can either build smarter now, or put taxpayers on the hook to pay exponentially more when it floods. And it will,” he said.
Flood policy expert Eli Lehrer, president of the libertarian R Street Institute who has been critical of many other Obama initiatives, agreed that revoking this order will end up costing taxpayers money.
“The Trump administration is acting very rashly in part out of the desire to undo a climate measure under the Obama administration,” he said. “This is an enormous mistake that is disastrous for taxpayers. The rule would have saved billions of dollars over time.”