The White House, President George W. Bush Click to print this document

For Immediate Release
Office of the Press Secretary
March 23, 2006

Memorandum for the Secretary of Homeland Security

SUBJECT: National Flood Insurance Program

Pursuant to the authority vested in me by the Constitution and laws of the United States, including 42 U.S.C. 4016, I have reviewed and hereby approve your request to issue notes to the Secretary of the Treasury in excess of $18.5 billion, but not to exceed $20.775 billion, for the National Flood Insurance Program.


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