Washington -- Senate Majority Leader Bill Frist, R-Tenn., has decided to postpone submitting a GOP bill that seeks to curb the mass of class-action lawsuits Republicans claim are bankrupting the nation’s businesses.

Frist said the decision was made following a number of requests from Democratic senators, who had agreed to give the GOP the required 60 votes to get a “filibuster-proof” majority on the legislation.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access