Nothing’s Easy in the Upper Chamber
Credit card companies might be unpopular, and reform legislation might be inevitable. But, as Democratic leaders have learned this month, that doesn’t mean it’ll be easy. Or quick.
Indeed, Senate leaders last night announced that the upper chamber, which initially hoped to pass Sen. Chris Dodd’s (D-Conn.) credit card proposal last week, won’t be voting on the measure until next Tuesday. Debate on the bill has been delayed by the large number of GOP amendments presented on the floor, including a successful measure to allow loaded firearms in national parks.
You can bet that this degree of obstructionism is sure to haunt Democrats as they look ahead to other priorities they hope to pass this year, including comprehensive health care reform and, perhaps, climate change legislation — items that are much more controversial than consumer-friendly credit card reforms.