House Committee Advances Massive Insurance Requirement Hike

[Duck]

They rejected an amendment that would have removed the insurance requirement increase from $750k to $2 million, making ambulance chasers happy.

Rep. Bost deems insurance increase a ‘punishment’ to truckers

Rep. Mike Bost, R-Ill., said an increase to motor carriers’ minimum insurance requirements would be a punishment to the nation’s truckers.

landline.media

Bost, who was raised in a trucking family, spoke passionately in favor of his amendment to remove a provision from the Invest in America Act that would increase the minimum liability insurance from $750,000 to $2 million.​

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In spite of more than 30 minutes of debate – largely in favor of the amendment – the T&I Committee stuck mostly to party lines, rejecting Bost’s amendment by a recorded vote of 38-30.​

 

[Rigjockey]

Nice to see a good news story.
Good to see the right to prosperity was not struck down.
Mega carriers and insurance companies did not win today.

 

[Duck]

Nice to see a good news story.
Good to see the right to prosperity was not struck down.
Mega carriers and insurance companies did not win today.

You read it wrong. The bill to REMOVE the higher insurance requirement was rejected.
Megafleets, insurance companies and lawyer groups won.

 

[Rigjockey]

You read it wrong. The bill to REMOVE the higher insurance requirement was rejected.
Megafleets, insurance companies and lawyer groups won.

Oh well, In that case, Now I look like an asshole.
Sorry folks, I am an asshole but, ya probably knew that already.
Yup, I totally read that wrong.
Is hooked on Phonics still available?

 

[Duck]

Is hooked on Phonics still available

Yeah but it doesn't work. We sent a copy to Uncle Birchy but he used the DVDs as beer coasters.