The Senate overwhelmingly approved legislation on Tuesday requiring the federal government instead of insurance companies to pay the majority of financial losses resulting from future terrorist attacks. President Bush, a proponent of the bill, said it will get the nation’s hard hats back on the job.
In an 86-11 vote, the Senate endorsed the terrorism insurance bill the House approved Thursday. Bush now has to sign the legislation, which would become effective immediately.
“Terrorism insurance will
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