President Bush is prudently proposing the imposition of caps on medical malpractice awards for pain and suffering. (Recovery of actual monetary losses, like medical expenses, would not be restricted.) Doctors in those states that have done this have not experienced the insurance catastrophes facing doctors in other parts of the country.
Katz uses the money to pay faculty and executive-in-residence coaches, to fund a competition for project proposals (which has no monetary prize) and for other organizational expenses.