Study Points to Past Trust Fund Failures

A report recently released by the General Accounting Office points to the failed Black Lung Trust and The Vaccine Injury Compensation Program as indicators that federal trust funds exceed estimates relating to cost and number of claims.

The Coalition for Asbestos Reform responded by saying 'the report should remind proponents of S. 852 to heed the old saying, 'what's past is prologue.''

The GAO report examines the history of four trust fund bills and concludes that the Fairness in Asbestos Injury Resolution Act will most likely exceed its $140 billion pricetag.