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WASHINGTON–Rep. Barney Frank, D-Mass., said yesterday he is at work on a solution to budget issues that caused the House leadership to delay this week’s floor action on legislation extending federal supports for terrorism insurance.

Under consideration is a provision requiring a separate vote by Congress to authorize payment of claims. That is seen as dealing with cost issues raised by a Congressional Budget Office letter last week saying the program could cost the government $10.4 billion over 10 years even if there is no attack (or $8.4 billion when direct spending costs are offset by an estimated $2 billion rise in government revenues.)

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