Asbestos Bill: Winners and Losers
Correction Feb. 8, 2006
In an earlier feed, we reported that the AFL-CIO supports the asbestos bill. In fact, the AFL-CIO is against the bill.
STEVE INSKEEP, host:
Jack mentioned that lobbying groups have spent millions over asbestos legislation. The total now exceeds $100 million. That investment may come to seem like a bargain since various interests could gain or lose billions.
RENEE MONTAGNE, host:
Here are some of the players. Groups that support the Asbestos Trust Fund include Dow Chemical, Century Insurance, Honeywell, and General Motors. Groups against the bill include the insurance giants AIG and Allstate. Opponents also include an industrial mineral company, a wire maker and Hopeman Brothers, a company that outfits ships.