Chuck Grassley: “I would like to speak on the Durbin amendment for the reason that I am the author of the bankruptcy reform provisions…”

“I would like to speak on the Durbin amendment for the reason that I am the author of the bankruptcy reform provisions that passed here, maybe 3 or 4 years ago, and are now law. I appreciate the opportunities to cooperate in a bipartisan way with Senator Durbin. Senator Durbin, many months ago, was very polite, coming to me and asking me to take a look at his bankruptcy language. It is probably similar to the one that is before us right now. I know the language has been changed some since then, but it is basically the same concept. He asked me to consider it. I and my staff did consider it, and I am standing here now to speak against it. But Senator Durbin was very courteous in giving me a heads up, not just a few weeks ago but a long time ago. I want my colleagues to know Senator Durbin is an easy Senator to work with, even if you disagree with him. So I am here to voice opposition to Senator Durbin's bankruptcy amendment.”