Trump signs bill granting permanent reauthorization of 9/11 Victims Compensation fund News
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Trump signs bill granting permanent reauthorization of 9/11 Victims Compensation fund

US President Donald Trump signed a bill into law Monday granting permanent reauthorization of the September 11 Victims Compensation fund.

The original fund was set to expire in 2020, but the administrator of the fund announced in February that the fund had limited remaining resources and would be required to significantly reduce its awards. This announcement led to Congressional hearings on the fund, which included testimony from comedian Jon Stewart and various 9/11 first responders including Luis Alvarez who died just recently.

The new bill provides money on an as needed basis to the fund through 2092 with no reauthorization needed. The bill passed the House on July 12 with a vote of 402-12. The bill then passed the Senate with a vote of 97-2 on July 23. Trump signed the bill Monday morning and presented it to 200 victims of 9/11 including 60 first responders. The should remain financially solvent through their lifetimes without further need of Congressional or Presidential approval.