Terrorism Risk Insurance Revision Act of 2005

TERRORISM RISK INSURANCE REVISION ACT OF 2005 -- (House of Representatives - December 07, 2005)

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Mr. CAPUANO. Mr. Speaker, I rise to congratulate the chairman of the committee and the subcommittee and the ranking members of the committee and subcommittee. This is a classic example of perfect legislation because no one involved with it is happy, but we are all satisfied. We are satisfied on a bill that will not get any one of us a single vote or win us a single friend at home.

This bill is being done for the simple reason it must be done for the security and stability of the American economy. And the fact that we are getting it done, I think, is an amazing statement of progress. All congratulations are due to the people who sat around the table, worked out some deep philosophical differences of opinion, and did it in a way that lived up to the chairman's commitment, his public commitment a few months ago that some people questioned, though I never did, that this bill would be done before we went home.

Again, I just stand to congratulate him and to thank him and the other people involved with this bill for getting it done in a manner that should make us all proud.

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