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AP Wire Asbestos bill meets test, faces new one
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Thursday, Feb 09, 2006
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Posted on Thu, Feb.
09, 2006
Asbestos bill meets test, faces new one
MARY DALRYMPLE
Associated Press
WASHINGTON - The Senate rejected an attempt Thursday to keep asbestos cases in the courts, removing one obstacle to the creation of a $140 billion trust fund for paying victims and ending their lawsuits.
Opponents quickly raised another obstacle.
Sen.
John Ensign, R-Nev., questioned the fund's future costs to taxpayers and asserted that the bill violates budget rules.
The bill would establish a privately funded trust fund, administered through the Labor Department, to compensate asbestos victims.
The fibrous mineral was commonly used until the mid-1970s in insulation an...
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