Asbestos bill fund too small, says CBO

A $140bn 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).The proposed fund, which would be created by the asbestos bill that has been pending for more than a year, would have to pay out between $120bn and $150bn in claims to people who were exposed to the mineral, said the CBO report.It was impossible to know for sure whether the fund would be adeq