Bankruptcy Out of Senate Housing Bill

The controversial bankruptcy provisions appear to be out of the Senate housing bill, The Hill's J. Taylor Rushing reports.

Debate over bankruptcy measures had stalled talks on the issue for weeks, as Rushing reported in Wednesday's paper. Senate sources say that the issue will get an up-or-down vote as an amendment. The base bill will emerge on the chamber floor later this afternoon, they said. Majority Leader Harry ReidHarry ReidAbortion ruling roils race for the White House, Senate Dem senator urges support for House Puerto Rico bill Reid: McConnell silence on Trump 'speaks volumes' MORE (D-Nev.) plans to announce the bill's details at 5 p.m.


It's expected to be heavy on tax credits, like the $15,000, three-year credit proposed by Sen. Johnny IsaksonJohnny IsaksonGOP senators: Obama bathroom guidance is 'not appropriate' Amateur theatrics: An insult to Africa Dem senator blocks push to tie 'gun ban' to spending bill MORE (R- Ga.), though the credit's exact amount will be revised. Majority Whip Dick DurbinDick DurbinSupreme Court limps to finish Senate Dems link court fight to Congressional Baseball Game Dems: Immigration decision will 'energize' Hispanic voters MORE (D-Ill.) had been pushing for the bankruptcy provisions.


A final vote isn't expected until mid-next week.

More in News

GOP senator not ruling out Clinton vote

Read more »