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Business Group Supports Specter's Asbestos Draft


Published April 18, 2005

Large businesses facing asbestos lawsuits said Monday they favor the latest draft of asbestos legislation crafted by Senate Judiciary Chairman Specter. "We believe it brings us closer to a long-overdue resolution," the Asbestos Study Group wrote in a letter to Specter. His draft has the support of Judiciary ranking member Patrick Leahy, D-Vt... An analysis of the bill by the Environmental Working Group says the proposed $140 billion trust fund used to compensate asbestos victims is inadequate... To view the rest of this article, please visit www.nationaljournal.com.