Asbestos Bill: Winners and Losers

The total spent by lobbying groups over asbestos legislation now exceeds $100 million. That investment may come to seem like a bargain, since various interests could gain or lose billions.

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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.

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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.

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