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Article #3549

Re: Congress. AARRGGGHH!! (like to say I support Ann for Governor

#3549
From: Mohit K Goyal
Date: Thu, 20 Oct 1994 14:52
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: |> Did you catch the article the other day about how Phil Gramm single-
: |> handenly killed a bill on credit card reform?  It was a good 
: |> compromise bill that *both* sides supported.(ie-consumer groups and
: |> all 3 credit reporting agencies)  Unfortunently, someone who writes
: |> Gramm a bigger check than the govt. didn't like it, so he killed it.

: Really?  By what mechanism does Phil Gramm have the power to "single-handedly
: kill a bill" in the Senate?  And who wrote him this check?  This is a serious
: charge.

I forget how he killed the bill.  Kept it from coming to a vote or kept
it from going to the floor.  Individual Sen. often are able to kill bills
they don't support if they are in the right position/committee/etc.

The part about the check was simply my opinion for why he axed the bill,
since he, nor anybody else, can come up with an "honest" reason.
ie-a good reason to not make it easier for consumers to obtain credit
reports and fix errors in their credit report.  This bill would have
finally shifted the burden from consumers to the companies and credit
reporting companies in fixing incorrect credit reports.
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From: goyal@utdallas.edu (Mohit K Goyal)
Newsgroups: tx.general,austin.general,dfw.general
Subject: Re: Congress. AARRGGGHH!! (like to say I support Ann for Governor
Date: 20 Oct 1994 14:52:53 GMT
Organization: The University of Texas at Dallas
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