[Congressional Record (Bound Edition), Volume 160 (2014), Part 8]
[House]
[Page 11000]
[From the U.S. Government Publishing Office, www.gpo.gov]




                    TRIA AND THE THREAT TO NEW YORK

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute and to revise and extend her 
remarks.)
  Mrs. CAROLYN B. MALONEY of New York. Mr. Speaker, the terrorist who 
is at this moment leading insurgent attacks against Iraq and cities in 
Iraq reportedly once said to U.S. soldiers, ``I will see you guys in 
New York.''
  When he said it, he didn't mean he wanted to go to a Broadway show 
like ``Jersey Boys'' or ``Beautiful.'' New York has been and continues 
to be a target for terrorists to attack. It is a towering symbol of all 
that makes America so exceptional. That is why it is so important for 
Congress to get the changes that were being made to the Terrorism Risk 
Insurance Act absolutely correct.
  The TRIA bill that was recently reported out of the Financial 
Services Committee, as it now stands, would drive small- and medium-
sized insurers out of the market and actually reduce the amount of 
insurance available. That is just the wrong way to go.
  At a time like this, Congress should acknowledge that a very real 
threat still exists and pass the strongest TRIA bill possible. It is 
important to the American economy, and it is important for American 
jobs.

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