Henry Hyde said "Mr. Chairman, I yield myself 1 minute. I just wish to say, we are talking about punitive damages, which can have a serious impact on the economy, on jobs. They can extend, and do extend, well beyond the borders of a State. The purpose of this legislation is to standardize, as much as possible, in a fair way, the elements of proof that impact on our economy. If we want to have 50 patchwork sets of laws to deal with the economy and deal with products liability, why, I suppose we can. But the purpose of this legislation is to assist manufacturers, to give some certitude, some predictability, to do away with lawsuit abuse, forum shopping. Therefore, I must resist the gentleman's amendment." @ PoliticalQuotes.com

On the recordMarch 9, 1995

Mr. Chairman, I yield myself 1 minute. I just wish to say, we are talking about punitive damages, which can have a serious impact on the economy, on jobs. They can extend, and do extend, well beyond the borders of a State. The purpose of this legislation is to standardize, as much as possible, in a fair way, the elements of proof that impact on our economy. If we want to have 50 patchwork sets of laws to deal with the economy and deal with products liability, why, I suppose we can. But the purpose of this legislation is to assist manufacturers, to give some certitude, some predictability, to do away with lawsuit abuse, forum shopping. Therefore, I must resist the gentleman's amendment.

Said by

Henry Hyde

Illinois

Source

govinfo.gov

Editor's note · Context

Discussing the impact of punitive damages and the need for standardized legislation.

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