March 23, 2006
Memorandum for the Secretary of the Homeland Security
Subject: National Flood Insurance Program
Pursuant to the authority vested in me by the Constitution and laws of the United States, including 42 U.S.C. 4016, I have reviewed and hereby approve your request to issue notes to the Secretary of the Treasury in excess of $18.5 billion, but not to exceed $20.775 billion, for the National Flood Insurance Program.
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/214776