101Scout
04-03-2008, 08:04 PM
There ya go. When Americans are struggling to save their homes... the Repukes would rather gouge ya some more and take what you have. Just remember this when you see shitbags like McConnell on the streets of our America.... give him what he deserves when ya do.
:_smack_:
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Senate kills bankruptcy measure
By J. Taylor Rushing
Posted: 04/03/08 06:04 PM [ET]
The Senate Thursday killed a key bankruptcy provision that had stalled work on a bipartisan housing bill, clearing the way for the legislation's passage.
The 58-36 vote to table the amendment allowed senators to move on to less contentious amendments to the housing measure forged Wednesday by Sens. Christopher Dodd (D-Conn.) and Richard Shelby (R-Ala.).
All 36 ‘no’ votes were Democrats, except for Independent Bernard Sanders of Vermont and the motion to table the amendment was made by Majority Whip Dick Durbin, who sponsored the amendment. That raised the possibility that Democrats could use the vote to paint the GOP as obstructionists during the country’s worsening housing crisis.
Durbin argued passionately for the amendment for seven hours before moving to table it, noting that Republicans only showed up on the Senate floor to discuss the bill at the rate of one per hour.
“This really tries my patience,” he said. “At this point in time, we don’t have the appetite in the Senate to face this.”
Durbin’s amendment would allow judges to revise the terms of mortgages on primary residences. It is opposed by the banking lobby and most Republicans. Minority Leader Mitch McConnell (R-Ky.), for example, said earlier Thursday that he would have insisted on a 60-vote threshold for the amendment’s adoption. That all but doomed the bill’s chances in a Senate split 51-49.
:_smack_:
[Only registered and activated users can see links]
Senate kills bankruptcy measure
By J. Taylor Rushing
Posted: 04/03/08 06:04 PM [ET]
The Senate Thursday killed a key bankruptcy provision that had stalled work on a bipartisan housing bill, clearing the way for the legislation's passage.
The 58-36 vote to table the amendment allowed senators to move on to less contentious amendments to the housing measure forged Wednesday by Sens. Christopher Dodd (D-Conn.) and Richard Shelby (R-Ala.).
All 36 ‘no’ votes were Democrats, except for Independent Bernard Sanders of Vermont and the motion to table the amendment was made by Majority Whip Dick Durbin, who sponsored the amendment. That raised the possibility that Democrats could use the vote to paint the GOP as obstructionists during the country’s worsening housing crisis.
Durbin argued passionately for the amendment for seven hours before moving to table it, noting that Republicans only showed up on the Senate floor to discuss the bill at the rate of one per hour.
“This really tries my patience,” he said. “At this point in time, we don’t have the appetite in the Senate to face this.”
Durbin’s amendment would allow judges to revise the terms of mortgages on primary residences. It is opposed by the banking lobby and most Republicans. Minority Leader Mitch McConnell (R-Ky.), for example, said earlier Thursday that he would have insisted on a 60-vote threshold for the amendment’s adoption. That all but doomed the bill’s chances in a Senate split 51-49.