2:48 PM EST
John Ensign, R-NV

Mr. ENSIGN. One clarification: We don't cap the total dollar they can be paid; we just cap the percentage. So even though they will cap at $400,000 what somebody can be paid for an insurance company, trial lawyers could still, because they can get up to 25 percent of the verdict--if the verdict is on average, as we learned from Senator Kyl, $4 million, they can still make $1 million on that one case, and they can have however many of those cases they want per year.