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- MSHP: McLendon shot in side; autopsy refutes witness account (2/19/17)23
- Apparent punch at girls basketball game propels lawmaker into action (2/21/17)4
- Cape officer shoots man inside a home (2/16/17)7
- Business notebook: Owners ready to roll out the Barrel 131 (2/20/17)6
- Former Cape cop indicted on possessing child porn (2/17/17)2
- Man dies after being shot by officer; said to have come at cop with knife (2/16/17)29
- Missouri bill would limit transgender school bathroom access (2/22/17)47
- Annual father-daughter dance provides some fun bonding time (2/19/17)1
- Cape businessman known for starting NARS dies at 49 (2/23/17)9
Asbestos bill has dire consequences
To the editor:
The U.S. Senate is set to debate a far-reaching piece of legislation that will have a dampening effect on hundred of businesses across our state. I refer to the pending Specter-Leahy bill (Senate Bill 852) that would force businesses to pay into an asbestos trust fund. Unfortunately, this business penalty is not tied to its percentage of liability.
Based upon prior asbestos expenditures, many businesses may find their obligation to be $16 million a year for 30 years. I am concerned that a number of smaller companies who rely on insurance to defend their claim may not be aware of this bill's dire and unintended consequences. Many businesses simply will be unable to make these kinds of payments and will seek bankruptcy. I am urging our senators to defeat the Specter-Leahy bill. Go back to the drawing board and find a solution that is fair, equitable and based upon sound business practices.
PHILLIP A. ORSCHELN, Kansas City, Mo.