The campaigns of Barack Obama and John McCain are battering each other today over a proposed national catastrophe fund to shore up insurance for hurricanes and natural disasters.
With McCain campaigning today in Florida five days into hurricane season, Obama's campaign blasted McCain for opposing the fund.
"Once again John McCain has made clear that he is much more interested in standing with George Bush than getting the facts right or doing what’s right. But what John McCain doesn’t understand is that by choosing to stand with George Bush’s failed policies instead of standing with the families of Florida he can’t deliver the change the country needs and deserves,” Obama spokesman Hari Sevugan said in a statement.
Tucker Bounds, a McCain spokesman, responded: “It’s disappointing that for the second day in a row for Senator Obama has chosen to use natural catastrophes to launch political attacks -- that’s not ‘change we can believe in.’ John McCain is opposed to a government-run National Catastrophe Fund, not because he doesn’t have serious concerns about the cost of insurance in Florida, but because it ignores the need for private insurance reforms to broaden markets and protections against the cherry-picking of individual states. John McCain earned Governor Crist’s endorsement well after Senator McCain had articulated his position on this issue, because John McCain has the strength, experience and judgment to lead.”
The proposed fund -- sought by Florida officials and others, but stuck in Congress -- is designed to help more property owners get insurance at lower premiums. It would be funded by the federal government and by states who choose to participate, and would spread the risk across the country and limit insurers' liability so they can offer affordable rates.
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Glen Johnson is Politics Editor at boston.com and lead blogger for "Political Intelligence." He moved to Massachusetts in the fourth grade, and has covered local, state, and national politics for over 25 years. E-mail him at email@example.com. Follow him on Twitter @globeglen.