UPDATE 2- Hatch files US asbestos bill, wants quick action

Newswire

(Recasts, adds reaction, more details) By Susan Cornwell WASHINGTON, May 22 (Reuters) - Declaring the United States faced an asbestos litigation crisis, a key Republican senator introduced bipartisan legislation on Thursday to set up a $108 billion fund to compensate victims of exposure and said he wanted Congress to pass it within a month. The degree of support for the measure by Utah Republican Orrin Hatch was unclear. He has two Democratic co-sponsors -- Sen. Ben Nelson of Nebraska ...

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