by Quenlin » Tue Dec 18, 2007 09:47 pm
WASHINGTON (AP) — Federal backstops for terrorism insurance, a result of the Sept. 11 attacks, would be extended for another seven years under legislation the House passed Tuesday and sent to President Bush.
The House approved the Senate version of the Terrorism Risk Insurance Act after the White House made clear that original House plans to expand the scope of the program would engender a presidential veto. The White House has indicated that Bush will sign the Senate-passed bill. The vote was 360-53.
The House approved the Senate version of the Terrorism Risk Insurance Act after the White House made clear that original House plans to expand the scope of the program would engender a presidential veto. The White House has indicated that Bush will sign the Senate-passed bill. The vote was 360-53.
Add your comment