The amendment is not so much an insurance reporting act, though it does add inevitably to the huge amount of paperwork with which our society and economy is already burdened, as it is another skillful attempt for all practical purposes to kill this bill, this whole idea. What the amendment would do would be to sunset all of the substantive provisions of the proposal which is now before us. I want to repeat that. It would sunset all of them. Now, it simply requires costly and unnecessary reporting requirements and institutes a brandnew Government bureaucracy. It stems from the proposition from the opponents to this bill that the only goal of the bill is to lower insurance costs.
T. Gorton: “The amendment is not so much an insurance reporting act, though it does add inevitably to the huge amount of paperwork…”
Editor's note · Context
Discussing amendments related to a bill on insurance liability and reporting requirements.
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