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Archive for September 2009

Democrats crafting bill to shield big banks from tougher state laws

Moderate House Democrats are drafting a proposal that would continue to shield big banks from potentially tougher state regulations of credit cards, mortgages and savings accounts.
The plan would differ from President Barack Obama’s proposal to give states a role in regulating large financial institutions that operate nation-wide. The lawmakers say it would be more practical [...]

Democrats crafting bill to shield big banks from tougher state laws

Moderate House Democrats are drafting a proposal that would continue to shield big banks from potentially tougher state regulations of credit cards, mortgages and savings accounts.
The plan would differ from President Barack Obama’s proposal to give states a role in regulating large financial institutions that operate nation-wide. The lawmakers say it would be more practical [...]

White House drafting fallback healthcare bill, report says

The Obama Administration is quietly drawing up its own healthcare plan behind the scenes as a fallback measure should healthcare legislation get tied up in Congress, according to a report Wednesday.
The report, printed in the registration-restricted Capitol Hill publication Roll Call, alleges that the administration may have a fully fledged healthcare bill in the wings, [...]

White House drafting fallback healthcare bill, report says

UPDATE: The White House is denying news reports that it is planning its own “backup” health care bill if the congressional effort to reform health care falters.
“We have looked at for months and helped work on legislative language, but nothing has changed about us drafting or introducing a bill,” The Hill quoted White House Press [...]

Rep. Grayson on GOP plan: If you get sick, ‘die quickly’

As debate rages over Democratic proposals for health care reform, Republicans have been coy when it comes to revealing their own ideas. However, Rep. Alan Grayson (D-FL) believes he has the GOP plan figured out.
“It’s my duty and pride tonight to be able to announce exactly what the Republicans plan to do for health [...]