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Reform Bankruptcy Laws To Cover Health Care Costs |
"We'll make sure that if you can demonstrate that you went bankrupt because of medical expenses, then you can relieve that debt and get back on your feet."
-- Janesville, Wis.
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MARCH 24, 2009
No Progress On Medical Provision
While Congress has continued to consider legislation aimed at financially strapped homeowners (subscription), a special provision related to medical costs has not been on the docket. |
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FEBRUARY 17, 2009
Stimulus Passes Without Medical Bankruptcy Provision
The bankruptcy provision was not part of the final stimulus package [PDF] signed by Obama. |
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JANUARY 28, 2009
No Bankruptcy Reform In House Stimulus Package
Contrary to Summers' promise, the House-approved stimulus package contained no bankruptcy reform provisions. |
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JANUARY 20, 2009
Summers Confirms Bankruptcy Reform In The Works
Lawrence Summers, Obama's nominee to head the National Economic Council, confirmed in a Jan. 15 letter to congressional leaders that bankruptcy reform would be part of the administration's Emergency Economic Stablilization plan. |