Compare and contrast: Federal Spending for Flood Adaptations

Congressional Budget Office

New “Federal Spending for Flood Adaptations” report. Highlights:

1) Last 10 yrs, US flood damage averaged $46 B/yr rising 25-33% by 2050.

2) Households and the feds main beneficiaries of damage reductions.

3) ROI is USD $2-$6 / 50 yrs – interesting benefit-cost discussion.   Click here to read the story.

Click the following link for more information on Flood.