Political Quotes

“bankruptcy is a complex area of the law. It has competing public policy interests between debtors and creditors and among competing creditors. The complex and competing interests involved in achieving fair and balanced reforms of our bankruptcy system demand we work in a bipartisan manner throughout the legislative process. Actually, that is the lesson we learned from failed attempts of past reform measures, and it is all the more relevant with an evenly divided Senate. The Republican leadership in the Senate and of the Judiciary Committee I felt did not want the Judiciary Committee involved in shaping bankruptcy reform legislation this year, but over the last couple of weeks the committee was able to hold an informative hearing and a markup that began the process of improving the bill. In fact, when we finally started talking about amendments to greatly improve the bill, we spent less than 4 or 5 hours. Eight amendments were adopted by the Judiciary Committee during a couple hours of work on Tuesday and a couple hours of work on Wednesday, and we improved it. I am pleased to learn of the majority leader's remarks on Wednesday when he congratulated the committee for its positive action and for completing its work on an expedited basis last week. The point being: Just put us in a room, actually have us all there, and give us a little time. We usually work these things out. We can do the same thing on the floor.”