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Byline: George Edmonson
Jul. 30--WASHINGTON--Facing fierce criticism, the Pentagon on Tuesday killed a program in which traders would have speculated on the prospect of future terrorist activities.
The abrupt halt to the program, which envisioned a Web-based futures market that Defense Department officials said could help forecast catastrophic events, came a day after it was disclosed by two Democratic senators.
Congressional reaction Tuesday was strong from members of both parties.
Sen. John Warner (R-Va.), chairman of the Senate Armed Services Committee, said he and Sen. Pat Roberts (R-Kan.), who heads the Senate Select Intelligence …