Rep. Ron Paul questions value of federal flood aid for victims of Hurricane Sandy

Rep. Ron Paul (R-Texas) said Monday that the billions of dollars in damage Hurricane Sandy caused in New York and New Jersey raises "uncomfortable questions" about whether taxpayers should continue to pay for the cleanup from natural disasters. While many New York and New Jersey members are calling for billions in additional funds, Paul said on his website that the government will continue to lose money by insuring these sorts of events. The former GOP presidential candidate said most of the funding to help with Sandy will come from the Federal Emergency Management Agency (FEMA) and the National Flood Insurance Program (NFIP). But he said these agencies will only put taxpayers deeper in debt by writing checks.