[Congressional Record (Bound Edition), Volume 160 (2014), Part 7]
[House]
[Page 9918]
[From the U.S. Government Publishing Office, www.gpo.gov]




                           REAUTHORIZING TRIA

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute.)
  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, I rise in strong 
support of the reauthorization of TRIA, the antiterrorism risk 
insurance program, which will soon expire. This is a vitally needed 
program that helps the economy of our country. It was put in place 
after the 9/11 attacks, and it helped our country rebuild.
  After 9/11, you could not get an insurance policy for even a hot dog 
stand in New York. You had to go to Lloyd's of London. It was 
tremendously expensive to get any type of insurance, but this program 
did exactly what it was expected to do. It allowed us to rebuild. It 
had a government backstop, and it did not cost the taxpayer one penny; 
yet it helped us build jobs and rebuild our economy.
  We have so many government programs that don't work. This is one that 
did exactly what it was supposed to do and at no additional cost. We 
need to have a plan in place, so, God forbid, if we are attacked again, 
we have a plan of how to respond and how to rebuild. This is a program 
that has worked, and we need to reauthorize it.

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