Many Democrats, including [President] Obama, have long-supported the strategy of empowering bankruptcy judges to alter the terms of primary mortgages to prevent foreclosures. But White House officials have said they don’t want the bankruptcy provision in the stimulus bill for fear of alienating Republicans, most of whom oppose the change.[...]
Last week, Obama and Democratic leaders agreed instead to attach the bankruptcy provision to a large spending bill that Congress is expected to consider later this year, according to reports.
That stance has piqued some Democrats, who are beginning to wonder if the push for bipartisan agreement is worth the cost of waiting. For each day that Congress dallies, these lawmakers say, thousands of Americans lose their homes to foreclosure.
As the previous administration would say, “So what?”
....and hey, do what you want....you will anyway.
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