[Congressional Record (Bound Edition), Volume 160 (2014), Part 10]
[House]
[Page 14287]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      TERRORISM RISK INSURANCE ACT

  (Mr. STUTZMAN asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STUTZMAN. Madam Speaker, with the anniversary of 9/11 just a few 
days away, we are reminded not only of the enormous loss of innocent 
life and physical destruction that terrorism can bring, but also the 
long-term, economic harm that follows an attack.
  As we have seen with the rise of ISIS, the American people and our 
interests are always a target and remain under constant threat. With 
our economy remaining stagnant over the past several years, Congress 
must make sure we are doing everything we can to protect our citizens 
and safeguard our fiscal health.
  One of the steps we can and must take before the end of this year is 
to reauthorize the Terrorism Risk Insurance Act. This will provide 
much-needed certainty in the marketplace by making sure that terrorism 
risk insurance coverage is readily available. This insurance is 
absolutely key to maintaining our economic security.
  Without this reauthorization, we will leave the American people 
vulnerable to danger that could have been prevented. The Senate has 
passed a TRIA reauthorization, and I applaud Chairman Hensarling for 
passing a TRIA bill through the committee in June. While reasonable 
people can disagree on how this gets done, we should all agree that it 
must happen.

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