Bill Bennett: “Thank you. In the list of questions I laid out at the beginning of my presentation, we are now at the point where we are…”

“Thank you. In the list of questions I laid out at the beginning of my presentation, we are now at the point where we are asking the two questions: What should we be doing next and what can we expect? The Senator from Connecticut talked about the liability bill. I agree with him absolutely that we cannot take this particular emergency and turn it into a stealth operation to slip through other legislation, even though I would be for it. The Senator from Connecticut would be opposed to it. I would love to do that. But I think that would be an inappropriate thing to try to do. It has just come to my attention a demonstration of why we need some kind of limited liability relief tied to this. I had an interview with an individual who is following Y2K matters, and she said, ``What are you going to do about insurance companies that are canceling policies over Y2K?'' And quite frankly, I was skeptical. I said, ``I don't know of any insurance companies that are canceling policies.'' Well, she sent me one. And here it is; it arrived today. I think that is appropriate since this is the day we are talking about Y2K.”