RealNews

Frist sees terrorism insurance this year

U.S. Senate Majority Leader Bill Frist said on Tuesday the chamber would work out its differences with the House of Representatives so Congress could pass a bill this year extending a federal backstop for terrorism insurance. “I intend to finish TRIA (the Terrorism Risk Insurance Act) before we leave” for the holidays, said Frist, a Tennessee Republican. Senators would “work through” differences between the bill they passed and the House version even if there are not formal House-Senate negotiations, Frist said. Full Story

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