Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Businessweek Archives

Tobacco: Saving Face

Washington Outlook: CAPITAL WRAPUP


-- Like stale cigarette smoke, debate over anti-tobacco legislation will linger in Capitol Hill corridors all summer. Anxious to show they're not in Big Tobacco's pocket after killing a mammoth bill aimed at curbing tobacco use, Republicans are readying new antismoking measures. Senator Orrin G. Hatch (R-Utah), with Senator Dianne Feinstein (D-Calif.), proposes to make tobacco companies pay $428 billion over 25 years while capping their risk from lawsuits at $5.5 billion. In July, House GOP leaders will introduce a narrow bill to curb teenage smoking. Neither measure is likely to win broad support. But if voters take interest, look for lawmakers to pass--and the President to sign--a modest bill that lets both parties claim victory in the war on smoking.EDITED BY KELLEY HOLLAND

blog comments powered by Disqus