Al Green: “I want to support bankruptcy reform, but not this conference committee report. There are several provisions in this bill…”

“I want to support bankruptcy reform, but not this conference committee report. There are several provisions in this bill that prevent it from meeting its intended goal... Big banks and credit card companies target teenagers and college students with little or no income, they get maxed out on their credit cards, and then they only pay the minimum balance. And so, with 15 or 18 percent interest, they are getting ready to graduate from college with that huge amount, and when we add in their student loans that they owe, and that is bad business practices. And I know that personally because I have two college students that have very little income, but they get blank checks in the mail from their credit card companies. Just sign up.”