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Clinton threatens to veto bankruptcy legislation
The House passed a bill making it harder to discharge credit card debts in bankruptcy, but President Clinton vowed to veto. Supporters cite rising filings and a $400 yearly hidden tax from higher rates, while critics warn of harm to families facing job loss medical expenses and alimony. The measure now goes to the Senate amid party dispute.
MENTIONED IN THIS ARTICLE
Washington
House
White House
Clinton
Senate
Paul Wellstone
D-Minn
Tom Daschle
D-S.d
Rep
John Conyers
Michigan
House Judiciary Committee
Afl-Cio
John Sweeney
Glinton
Gene Sperling
Congress
Dennis Hastert
R-I
John Podesta