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Posted by on Jul 15, 2010 in Breaking News, Economy, Law, Politics | 0 comments

Democrats Break GOP Filibuster on Financial Reform

Not as strong as it could have been and should have been because of Republican obstructionism, the still historic legislation is now on its way to the White House, where Pres. Obama will sign it in a special ceremony next week.

Here is the money graf from the New York Times article (I have bolded the money phrase in the money graf):

Senate Republicans succeeded in delaying the bill for weeks, drawing out debate on a measure that most of them never intended to support. Ultimately, they pushed final passage until after the Fourth of July recess, partly to thwart Mr. Obama who had hoped to have the bill on his desk before the break.

House Republicans told TPMDC that the financial reform bill (don’t laugh!) should be repealed.

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