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House Passes Alternative Terror Bill As Expiration Looms

WASHINGTON--House Democrats, in a move characterized by a Republican member as "futile," passed and sent to the Senate a new bill to extend the federal terrorism risk insurance backstop for seven years

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WASHINGTON–House Democrats, in a move characterized by a Republican member as “futile,” passed and sent to the Senate a new bill to extend the federal terrorism risk insurance backstop for seven years, restoring provisions not included in the Senate’s more modest version.

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