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Thursday, February 09, 2006
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N.D.
man lobbies for asbestos bill
Associated Press, Associated Press
Published Thursday, February 09, 2006
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WASHINGTON – Dick Hedahl, owner of a Bismarck-based auto parts company, traveled to the nation’s capitol this week to lobby for legislation that would set up a $140 billion fund to pay people sickened by asbestos.North Dakota Sen.
Kent Conrad, the top Democrat on the Senate Budget Committee, says the bill is “seriously flawed” and could cost taxpayers up to $300 billion.The bill, which the Senate is debating this week, would pay asbestos victims from the privately supported trust fund in exchange for halting all asbestos-related court cases.Supporters say the proposal would speed relief to people sickened by exposure to asbestos, a fibrous mineral commonly used until the mid-1970s in insulation and fireproofing material.
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