Asbestos litigation reform takes shape when senator introduces legislation. (On The Hill II).

Asbestos litigation reform took a step toward becoming reality Feb. 14 when Sen. Don Nickles (R-Okla.), chairman of the Budget Committee, introduced a bill to do just that, two weeks after a manufacturing executive informed his panel such litigation is a burden on the U.S. economy.

"Out of control asbestos litigation is an anchor weighing down the business community, particularly the ...