Washington (Oct. 2, 2002) Robert J. Torricelli's decision to abandon his bid for re-election has created a third vacancy in the Senate Finance Committee for the 108th Congress.

Earlier this year, Fred Thompson R-Tenn., and Phil Gramm, R-Texas -- both members of the tax writing panel -- said they would not seek re-election next year.

Charles Grassley, R-Iowa chairs the Committee.

--Electronic Accountant Newswire staff

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