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They didn't mean that kind of excessive pay

Democrats in Congress are in full bay over excessive pay for CEOs and top executives, but Republicans are planning a turn of the tables -- or would that be a poison pill?

The partisan rhetoric flew, as befits an election year. Countering [Rep. Barney] Frank's legislative proposal, Republicans disclosed that they have a bill of their own in the works: one that would rein in trial lawyers, a group that is a perennial ally of Democrats and generous contributor to their campaigns.

Don't blame the corporate executives, said Rep. Patrick McHenry, R-N.C. By targeting companies in lawsuits, "Trial lawyers are the ones who are sopping up investor wealth in this country."



Rafael Mangual
Project Manager,
Legal Policy

Katherine Lazarski
Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.