Credit Card Bill Passes

A Democratic Congress at work for you:

The Senate voted overwhelmingly on Tuesday to rein in credit card rate increases and excessive fees, hoping to give voters some breathing room amid a recession that has left hundreds of thousands of Americans jobless or facing foreclosure.

The House was on track to pass the measure as early as Wednesday, paving the way for President Barack Obama to see the bill on his desk by week's end.

"This is a victory for every American consumer who has ever suffered at the hands of a credit card company," said Sen. Christopher Dodd, D-Conn., chairman of the Banking Committee. The bill passed the Senate 90-5.

Not the perfect bill, but a step in the right direction. Remember the Republicans went for re-writing the bankruptcy laws to favor the banks a few years ago.

But Republicans are still pricks, don't you worry. Look what they added into a credit card bill:

Complicating the issue somewhat was a measure added to the Senate bill that would allow people to carry loaded guns in national parks and wildlife refuges. That provision, sponsored by Sen. Tom Coburn, R-Okla., passed, 67-29.

Completely unrelated! That's the GOP playing the retro-Washington card.

Source: HuffPo