Congress is only days away from handing President Bush and business groups a big victory by curbing multimillion-dollar class action lawsuits. Despite complaints the legislation could hurt consumers, the Senate overwhelmingly passed the bill 72-26 on Thursday. The House will take it up next week and send it to the president to sign into law. “Our country depends on a fair legal system that protects people who have been harmed without encouraging junk lawsuits that undermine confidence in our courts while hurting our economy,” Bush said in a statement.
Wouldn’t Loser Pays achieve the same effect while also eliminating lots of OTHER problems with our current legal system?