Sunday, August 28, 2005

U.S. asbestos fund could fall short-budget office (Reuters via Yahoo! News)
A $140 billion asbestos compensation fund being considered by Congress might be too small to cover all the claims of asbestos victims over the next 50 years, according to the Congressional Budget Office (CBO).

Workers back at building cleaned for asbestos (Poughkeepsie Journal)
Employees returned to the Dutchess County Board of Elections Building Friday morning after it had been closed Thursday due to elevated levels of asbestos in the air.

Asbestos fund 'may run out of money before all claims are paid' (Financial Times)
A proposed $140bn compen-sation fund for asbestos victims may run short of money before it can pay all claimants, according to a new report from the US Congressional Budget Office.

State to draft law on asbestos redress (The Japan Times)
The government will draft a law outlining compensation for victims of asbestos-related illnesses, including those who lived near asbestos-linked factories and the families of those who worked with the unburnable material, the Cabinet decided Friday.

Proposed US asbestos fund seen running short of funds (Financial Times)
A proposed $140bn compensation fund for asbestos victims may run short of money before it can pay all claimants, according to a new report from the US Congressional Budget Office.

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