Article: Senate votes down bill to create asbestos trust fund.

Byline: Kristina Herrndobler

WASHINGTON _ The Senate on Thursday blocked a proposal to create a multibillion-dollar fund that would have made payments to thousands of people suffering from asbestos-related ailments.

The vote reflected the difficulty of determining how to pay long-suffering victims without racking up huge liability costs that could cripple many companies. Both sides say some action is necessary, but they disagree sharply on what should be done, and Congress has struggled for years to find a solution.

Patricia Corona, of Glen Ellyn, Ill., who suffers from asbestos-related cancer, said she breathed a sigh of relief when the bill ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!