Asbestos Victims' Groups Say Bill's Funding Is Questionable; Groups Voice Opposition to S.852 in Letter to Frist and Reid
U.S. Newswire, November, 2005
WASHINGTON, Nov. 15 /U.S. Newswire/ -- Today, leaders of the nation's top asbestos victims' organizations voiced serious concerns about the funding of the asbestos trust fund bill in a letter to Senate Majority Leader Frist and Democratic Leader Reid. The Senate Judiciary Committee plans to hold a hearing on Thursday, Nov. 17, to discuss the bill's funding projections, brought into question by a number of recent financial reports. Proponents hope to make the bill one of the first pieces of legislation considered by the U.S. Senate next year.
Six victims' group leaders wrote Sens. Frist and Reid on behalf of thousands of asbestos victims across the country, with concern that the funding for the bill is grossly insufficient and will not be able to fairly and quickly compensate...
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