Monday, May 5, 2008
Study on Texas Liability Modifications
Texans for Lawsuit Reform commissioned a study on the effects of the various reforms in that state over the past couple of decades. That study (PDF of report, article in The Monitor) concludes that "the reforms [since 1995] have resulted in nearly $113 billion in additional annual spending, almost 500,000 new jobs and $2.6 billion a year in increased state budget resources." The study was done by the Perryman Group, a Waco economics group that does economic and policy analysis.