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October 14, 2009

CBO: Med Mal Tort Reform Would Save $54 B Over Ten Years

The Congressional Budget Office estimated that a $500,000 cap on punitive damages and a $250,000 cap on pain-and-suffering damages would save $54 billion over ten years and lower liability insurance premiums by 10%.  (CNN)  The Center for Justice & Democracy is not impressed.  (The Pop Tort)

--CJR

October 14, 2009 | Permalink

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