Disaster Preparation and Relief

The federal government supports private efforts to prepare for disasters and, in the wake of disasters, often provides funds for emergency response and economic recovery. CBO analyzes federal policies in this area.

Report
The National Flood Insurance Program: Financial Soundness and Affordability
September 1, 2017
CBO finds that premiums collected by the National Flood Insurance Program for policies in effect in August 2016 fell short of the program’s expected costs by $1.4 billion, mainly because of shortfalls in coastal counties.
Report
Potential Increases in Hurricane Damage in the United States: Implications for the Federal Budget
June 2, 2016
How much will hurricane damage increase in coming years because of climate change and coastal development? This report examines the implications for the federal budget and three approaches for decreasing the pressure for federal spending.