As a U.S. senator, Barack Obama co-sponsored the “Homeowners Defense Act,” derided as a “Beach House Bailout,” because it helps put a government backstop behind hurricane insurance. In 2008, Democrats explicitly endorsed a similar beach house bailout in their platform:
In-depth coverageas the midterms
take shape.
Follow the latest midterm news, analysis, and expert perspectives with unlimited access.
See Subscription Options
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.