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detracting from the achievement of the five critical objectives of this
legislation, we should think creatively about how to make it possible for such
injured parties to recover compensation, without incurring enormous legal
fees or engaging in years of litigation.
5)
The settlement agreement as currently formulated is unacceptable in several
respects. For example, the industry payments that it contemplates will not
raise the price of cigarettes enough to reach the targeted reductions in youth
smoking, and the settlement does not confirm the FDA's full regulatory
authority over tobacco products. The Administration will not agree to any
legislation that does not correct these deficiencies.
6)
Any final settlement should create powerful incentives for tobacco
manufacturers to fully and publicly disclose all appropriate documents. For
example, Congress should consider limiting any changes to the civil liability
system to information that was fully disclosed by the tobacco industry to the
Congress and the public.
7)
Any changes to the civil justice system must be constitutionally sound.
With these principles in mind, let me now turn to the provisions of the proposed
settlement.
3.
A Description of the Civil Liability Provisions and Some Questions
Raised
The proposed settlement leaves open many questions. No definite terms establish
who or what will be paid or for how long. The settlement is more of a template for
18
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