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Congressman Bill Posey (R-Rockledge), joined by Subcommittee on Insurance, Housing and Community Opportunity Chairman Judy Biggert (R-IL), introduced H.R. 6423, the Insurance Consumer Protection and Solvency Act of 2012. “Under the new Dodd-Frank law, insurance premiums – including auto, home and life – could be assessed a 'tax' to cover the cost of bailing out large and unrelated… Read more »

Congressman Bill Posey (R-FL) delivered the following statement on the floor of the House of Representatives in support of House Joint Resolution 3 which would prevent the second half of the $700 Billion bailout from being funded: "Thank you Mr. Speaker, "I rise in strong opposition to an additional $350 billion in bailout funding and in strong support of House Joint Resolution 3.… Read more »

Congressman Bill Posey (R-FL) delivered the following statement on the House floor regarding the Troubled Assets Relief Program: "Madam Speaker, as a new Member in the 111th Congress, I did not have the opportunity to vote against the Troubled Asset Relief Program, or TARP, when it passed last year. At the time, I raised a number of concerns with the program, including the enormous… Read more »