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Washington–Both supporters and opponents of the Senate proposal for a $140 billion federal asbestos trust fund are pointing to a recent report by the Congressional Budget Office as evidence for or against the legislation.

The CBO prepared its report at the request of Senate Judiciary Committee Chairman Arlen Specter, R-Pa., as a follow-up to a consulting firm study of S. 852, which would establish the $140 billion trust fund for asbestos exposure victims. The study was done by the Washington-based firm of Bates White LLC.

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