Political Quotes

“I rise to reiterate my goal to resolve this asbestos litigation crisis and also to announce that we will file a revised bill later this week so people and all of our colleagues will have the opportunity to look at what is in the bill and study what is in the bill itself. We have made tremendous progress toward enacting Chairman Hatch's Fairness in Asbestos Injury Resolution Act; we call it the FAIR Act. I, as majority leader, have made all of this a personal priority in the sense that I want the Senate to be able to address and resolve this issue. Indeed, the magnitude of the asbestos litigation crisis is staggering. The torrent of asbestos litigation has wreaked havoc on victims, on American jobs, and indeed on our economy. The 600,000 claims that have been filed have already cost $54 billion in settlements and judgments and litigation costs. And even with the billions already being spent, the asbestos tort system today has become nothing more than a litigation lottery.”