Stories by R. B. Pepalis on Southern California Record

The U.S. Bureau of Labor Statistic (BLS) reported that the Consumer Price Index (CPI) decreased by 0.1% in June, after showing no change over the month of May. Over the last year, the all items index has increased an average of 3% nationwide.

David Williams, president of the Taxpayers Protection Alliance (TPA), recently addressed the economic implications of mass tort litigation on Federal Newswire’s Business of America podcast. He argued that excessive lawsuits are a financial burden to taxpayers, with a significant portion of the funds being allocated to legal fees.

Consumer Action for a Strong Economy (CASE), a nonprofit organization advocating for consumer interests, has declared that all Americans are shouldering the costs of mass tort litigation while attorneys reap the benefits. In California, millions of residents, particularly those in low-income households, are grappling with affording basic necessities.