Political Quotes

Gerald Ford: “All right. Now, that is not the bill. That is not the total bill here. There is also added on to that about $24 billion…”

On the recordSeptember 9, 1997
All right. Now, that is not the bill. That is not the total bill here. There is also added on to that about $24 billion more for tort liability. That is in addition to that. And then the lookback penalties, which is if the reduction of youth smoking is not sufficient to meet the criteria set, there will be another $42 billion. So we are talking about $435 billion here now, not $368.5 billion. So I want to be sure that we all understand where we are going. We are beginning to put so much weight on this agreement that it is going to fall, and then we will lose, I think, all those goals that we have set for ourselves. But one of the items yet to be decided is the plaintiff attorney's fees. Your amendment does not get to that?
Said by
Gerald Ford
Republican · Michigan

Editor's note · Context

Discussing the financial implications of a bill related to youth smoking and tort liability.

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