Reauthorize the Terrorism Risk Insurance Program to provide certainty for businesses and protect jobs.

Tim Scott · South Carolina · Republican

policy impact 0.70 specificity 0.72 extraction confidence 82%

Commitment kind: action. Promised action: Act to reauthorize the Terrorism Risk Insurance Program.. Promised outcome: Provide certainty for businesses and protect jobs that support American families.. Deadline: unknown; not assumed expired. Official Senate newsletter from Tim Scott as Chairman of the Senate Banking Committee during his federal Senate service.

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The current program works well and runs through the end of 2027, but businesses do not plan one year at a time. Congress should act now to provide certainty for businesses and protect the jobs that support American families.

Scott argues Congress should act now to reauthorize the Terrorism Risk Insurance Program, saying it would give businesses certainty and protect jobs.

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