Sen. Specter Proposes $140 Billion Asbestos Bill
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Senate Judiciary Committee Chairman  Arlen Specter said on Wednesday he was proposing a $140 billion  fund to compensate asbestos victims and cap the liability of  companies paying them damages.
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Lucrative allowances, second homes and salaries nearly three times the national average -- under withering fire, MPs were forced to defend themselves for claiming more than 140 million dollars in expenses last year.
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A senior congressional Republican is  drafting a plan that would take the government out of managing  airline passenger and bag screening and let the private sector  oversee parts of the system.
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The bill's tax breaks, while worth about $140 billion over 10 years, is also designed save that much by closing shelters and raising customs fees.
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Sen. Arlen Specter, a 26-year Senate Republican, said he will visit Syria despite loud objections by the Bush administration, contending the situation in Iraq is so dire that it is time Congress step up to the plate and see what it can do.
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Senators turned their attention Sunday to a wide-ranging $136 billion corporate tax bill as lawmakers whittle down their workload before leaving town for the elections.
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Republicans on the Senate Judiciary Committee asked for further changes in a plan for a &#36;140 billion asbestos compensation fund at a meeting to air their concerns, a key lawmaker said on Thursday.
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By Miriam Hill, The Philadelphia Inquirer  Dec. 8--WASHINGTON -- Sen. Arlen Specter's hearing yesterday was supposed to focus on whether cable companies such as Comcast Corp. can wield sports programming like a club to inhibit competition.
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U.S. Sen. Arlen Specter, a moderate  Republican engulfed in a political firestorm fanned by abortion  foes, wants to make the case to fellow party members that he  should head the committee that oversees judicial nominations, a  lawmaker said on Wednesday.
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A House Republican bill to implement the September 11 panel&#39;s recommendations could cost almost $15 billion over five years, congressional budget officials said.
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Several influential conservative Republicans indicated yesterday that Sen. Arlen Specter (R-Pa.), who is in line to become chairman of the Senate Judiciary Committee next year, has not succeeded
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The Senate should quickly approve a $150 billion proposal to boost the sagging economy and resist the urge to add new benefits to the package, Treasury Secretary Henry Paulson said on Sunday.
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A U.S. Senate plan to create a $140  billion asbestos compensation fund hit more snags this week as  support sagged among the Republican majority, lawmakers said on  Tuesday.
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Federal regulators could collect more than $200 million a year in import fees under legislation introduced yesterday by a senior Senate Democrat that aims to strengthen oversight of food brought into the country.
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Sen. Arlen Specter, who set off a firestorm of controversy last week among conservatives who interpreted certain remarks as a warning to President Bush not to nominate pro-life judicial candidates
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A bill to crank up penalties for the nation's most polluted air regions &#151; both in California &#151; was introduced Thursday in the Senate by Congress' biggest skeptic of global warming.
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Senate Judiciary Committee chairman Arlen Specter is circulating draft legislation, designed to prevent illegal insider trading, that would require hedge funds that accept pension fund money to register with federal regulators.