November 21, 2005
Memorandum for the Secretary of Homeland Security
Subject: National Flood Insurance Program
I have reviewed your request for approval to issue notes to the Secretary of the Treasury in excess of $3.5 billion, but not to exceed $18.5 billion, for the National Flood Insurance Program and am hereby granting approval for you to do so.
GEORGE W. BUSH
George W. Bush, Memorandum on the National Flood Insurance Program Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/216862