War supplemental might target military life insurance sales

Senators might use President Bush’s fiscal 2005 supplemental spending request as a vehicle to curb predatory sales of life insurance and other financial products at military installations around the globe.

During a Senate Armed Services Committee hearing Tuesday, Sens. Susan Collins, R-Maine, and Hillary Rodham Clinton, D-N.Y., said they hope to use the anticipated $80 billion supplemental to reverse language inserted into the fiscal 2005 Defense appropriations bill that prevents the Pentagon from amending its regulations governing commercial insurance sales at military bases.

War supplemental might target military life insurance sales

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