Hello! You are part of a community of millions who seek out Democracy Now! each month for ad-free daily news you can trust. Maybe you come for our daily headlines. Maybe you come for our in-depth stories that expose corporate and government abuses of power and lift up the voices of ordinary people working to make change in extraordinary times. We produce all of this news at a fraction of the budget of a commercial news operation. We do this without ads, government funding or corporate sponsorship. How? This model of news depends on support from viewers and listeners like you. Today, less than 1% of our visitors support Democracy Now! with a donation each year. If even 3% of our website visitors donated just $10 per month, we could cover our basic operating expenses for a year. Pretty amazing right? If you visit us daily or weekly or even just once a month, now is a great time to make a monthly contribution.

Your Donation: $
Thursday, September 17, 1998 FULL SHOW | HEADLINES | NEXT: Congress Ignores Human Rights in Anti-Drug Funding,...
1998-09-17

Senate Evaluates Bankruptcy Act

download:   Audio Get CD/DVD More Formats
DONATE →
This is viewer supported news

The Senate is set to debate today the passage of the Bankruptcy Bill. If passed, the measure would make it more difficult to declare fresh-start bankruptcy.

Backers of the bill, headed by Visa and Mastercard, say that these changes are necessary because current bankruptcy standards cost taxpayers hundreds of dollars.

Consumer rights groups argue that it will hit hardest among the poor and the most vulnerable members of the middle class, and will particularly affect women and children.

Guests:

  • Phil Corwin, partner at Federal Legislation Associates, who represents the American Banking Association, which backs the Bankruptcy Bill.
  • Mary Rouleau, Legislative Director for the Consumer Federation of America, which actively opposes the Bankruptcy Bill.

Creative Commons License The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.