Political Quotes

Howell Heflin: “I was speaking of the GAO report. I do not have it before me. But as I recall the GAO report indicated that the…”

On the recordMay 4, 1995
I was speaking of the GAO report. I do not have it before me. But as I recall the GAO report indicated that the provisions of the bill--maybe it was a predecessor of it--in their judgment would not reduce transactions costs, and that one of the reasons was they felt it could possibly increase it was because of the alternate dispute resolution methods that were there--increasing it another hearing as well as the provisions dealing with bifurcation, separate hearings that you would have to go through--thereby bringing about additional lawyer's fees in regards to those proceedings, particularly on the defendant's side where there is an hour billable approach.
Said by
Howell Heflin
Democratic · Alabama
Source
govinfo.gov

Editor's note · Context

Discussing the GAO report's implications on a bill's impact on transaction costs and legal fees.

Share

Share on XShare on FacebookEmail this quote

More from Howell Heflin

Mar 27, 1996

William Jennings Dyess, a long-time Foreign Service officer and State Department official, passed away recently at his home here in Washington. He was buried in his hometown of Troy, AL. An alumnus of the University of Alabama, where he…

govinfo.gov
Jan 10, 1996

I just want to comment on the snow, that it suits the people in Alabama and it suits the Senator from Alabama, that Vermont have most of this snow with the exception, I see as he leaves the chair, the Senator from Alaska is leaving…

govinfo.gov
Jul 23, 1996

As I understand it, this has been shown to the Department of Agriculture, and they have reservations pertaining to this. They are in the process right now of probably becoming involved in a lawsuit. Therefore, they object to it, and…

govinfo.gov
May 4, 1995

I might inquire of the Senator if there was testimony--I do not know whether it was this year or last year--from the American Insurance Association, one of their officers, which basically said that passage of the bill would not, I repeat…

govinfo.gov
View all Howell Heflin quotes

Other voices in this conversation