First of all, I think that this bill might appropriately be renamed the Schakowsky-Rohrabacher provision because of the hard work that our colleague has done on the matter. I appreciate the fully bipartisan spirit that this committee, the Judiciary Committee, had in much evidence when we took this measure up. And I close by asking my friends, the Blue Dogs on this side of the aisle and most of the Republicans, my Republican colleagues on the other side, that we might want to take a look at this means test which presumes you did something wrong if you are broke and in trouble. I mean, it occurs to me that under the economic circumstances we find ourselves in as a nation, anybody could flunk the means test and then be presumed to be irresponsible or not upstanding citizens. Credit ratings would be damaged profusely. And so maybe we can look at this. We don't want to offend the banking lobby, don't get me wrong, but let's just take a peek at what we have wrought here in the name of improving the bankruptcy law which I was not in support of when it came forward.
On the recordJune 23, 2008
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govinfo.govEditor's note · Context
Discussing concerns about a bankruptcy bill and its implications for individuals facing economic hardship.
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