Another New Years resolution Congress should act on is product liability reform
He added, "In all probability, thoughtful product liability reform
measures in Madison shall receive a deserved boost due to the dangerous elasticity of the Thomas cases and several unrelated decisions that the Wisconsin Supreme Court has issued coincidentally, which together stand to usurp the power of the legislature and permanently bend the state's traditional tort system out of kilter.
The issue of product liability reform
has been on the national agenda since the mid-1980s.
Out of the 14 states who've passed legislation to protect gun manufacturers and retailers from junk lawsuits, Texas' work is the most important, for two reasons: First, Texas has passed perhaps the broadest product liability reform
in the nation.
As with multiple imposition of punitive damages, there is a clear need for product liability reform
legislation at the federal level.
He was the principal sponsor of product liability reform
in the 104th Congress, the only bill of its kind to pass the house.
We will provide it through many of the initiatives explained elsewhere in this platform: lower tax rates, ending the death tax, cutting through red tape, legal and product liability reform
, and the aggressive expansion of overseas markets for their goods and services.
Key upcoming debates facing the House and Senate include retail bankruptcy reform, a workplace ergonomics vote and the Small Business Product Liability Reform
Act, Sederholm said.
Congress has debated product liability reform
for some 20 years and a reform bill was vetoed by President Clinton in 1997.
The Product Liability Reform
Act of 1997, however, should not escape close constitutional scrutiny.
However, early speculation indicates that product liability reform
similar to this year's proposal could be enacted during a second Clinton term.
So if he is reelected, there is little likelihood that product liability reform
can be realized in the next four years.