Mortgage bankruptcy relief bill dies in Senate, Obama sits on hands
Thursday, April 30th, 2009On Day 101 of the Obama presidency, the U.S. Senate killed the mortgage-relief-in-bankruptcy bill that President Obama has repeatedly promised to support.
The vote was 51 to 45. All 45 “yes” votes were Democrats… but so were 12 of the “nos”.
Here’s what the President did about it:
New York Times:
President Obama sought the cramdown provision during the [...]