How tort reform can stimulate the economy

The success of Texas’ tort reform continues:

Savings from reduced damages awarded by juries and fewer lawsuits filed against large businesses since the mid-“˜90s has created a climate in which medical and insurance companies can expand, the study states. Across Texas, the reforms have resulted in nearly $113 billion in additional annual spending, almost 500,000 new jobs and $2.6 billion a year in increased state budget resources.

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