February 24, 2008
McGraw defends spending of settlement cash
State $2 billion richer, attorney general says
Countering criticism that his office has misspent lawsuit settlement money, Attorney General Darrell McGraw says he has put $2 billion of nontaxpayer money into state coffers during the past 15 years.
The overwhelming majority of that money - 97 percent of the total - went directly to the state Legislature to help balance the state annual budgets, said McGraw.
The $2 billion came from dozens of settlements and verdicts McGraw won from suits filed against companies marketing harmful products and against businesses committing consumer fraud.
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