God I hope not. That would set a terrible president. Every other state insurance plan would eventually start running itself in a "obviously insolvent but it looks sane if you squint and market it with the morals of a used car salesman" manner but they'd be fools not to if the feds are in the business of picking up the tab.

>That would set a terrible precedent.

The existing precedent is the National Flood Insurance Program.

https://en.wikipedia.org/wiki/National_Flood_Insurance_Progr...