Yglesias

Bakruptcy “Reform” Reform

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Mark Kleiman says he hopes to see it from the new congress. I hope so, too, but I’m not super-optimistic. As you’ll recall, the new Democratic majorities are quite narrow and plenty of Democrats — including soon-to-be majority leader Steny Hoyer — voted for the bakruptcy bill. A whole bloc of centrist Democrats even wound up demanding an apology from Nancy Pelosi for turning that into a whipped issue.