Washington–Senators opposing legislation that would create atrust fund to remove the settlement of asbestos claims from thecourt system lost a key vote yesterday.
The 70-27 vote added to growing concern within insuranceindustry trade groups and insurers lobbying against the measurethat the bill, S. 852, has momentum and will likely pass theSenate, probably sometime late next week.
Another key vote for the bill, on a budget point of order, isscheduled for Monday. That vote will require the bill to get 60votes to keep going. However, given Thursday's strong vote, mostindustry lobbyists believe it will hurdle that barrier as well.
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