Litigation Lottery costs America $865 billion per year, new study says

Wednesday, March 28th, 2007 Litigation

America’s out-of-control legal system imposes a staggering economic cost of over $865 billion every year according to a new scholarly study released today by the Pacific Research Institute (PRI) a free-market think tank based in San Francisco, California. This figure is 27 times more than the federal government spends on homeland security, 30 times what the National Institutes of Health dedicate to finding cures for deadly diseases, and 13 times the amount the U.S. Department of Education spends to help educate America’s children.

---

http://www.pacificresearch.org/press/rel/2007/pr07-03-27.html

---