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The Credit Card Competition Act of 2023 could make it into must-pass legislation. It extends the failed Durbin amendment to the credit card market, harming consumers.
You'd think a massive and controversial deal to sever the UK from the European Union, impacting the lives of millions of people over the better part of the next generation, would contain a certain amount of... precision. Not so much. After a long, contentious debate and some last minute <a href="https://www.bloomberg.com/news/articles/2020-12-23/outline-of-brexit-trade-deal-has-been-reached-officials-say"https://www.bloomberg.com/news/articles/2020-12-23/outline-of-brexit-trade-deal-has-been-reached-officials-say">haggling over fish, the final…
>> melanie, to that point, talk about the state of u.s. politics. this previously would have been seen as must pass, and yet this time around it is quite contentious. >> reporter: yeah, it has gotten extremely contentious, again, because of all these amendments. you have democrats, including adam smith, the top democrat on the house affirmed services committee, who helped craft this initial bill. he voted for it in committee. it went out with a 59-1 vote out of committee, to now where you have a nearly party-line vote where just four democrats voted it, four republicans against it, so that is the dynamic we are confronting in the house. there's no signs it will be any better in the senate. they'll come up with their own product and have to come together on what, if anything, they can agree on. still to come, how miami
increase services to our veterans, we protect those who are homeless, housing insecure. we have protected foster children up to age 24. so we've taken steps that are very compassionate. but, yes, iam hurt by the fact some people's lives will be more difficult. i want to win the election in november 2024, and i'm going to do everything we can to make a difference for those people. democrats are in control of the senate. are you confident they will pass this bill in the senate as well? i will pass this bill in the senate as well?- will pass this bill in the senate as well? i am. it's a must pass _ senate as well? i am. it's a must pass bill. _ senate as well? i am. it's a must pass bill. we - senate as well? i am. it's a must pass bill. we have - senate as well? i am. it's a must pass bill. we have to | must pass bill. we have to avoid the default and the total meltdown, notjust of our economy, but frankly, it would impact the economy is all around the world. and what i would say is it will pass in the senate, they will get to 60
is good for the economy. >> when it comes to what needs to get dove but you end up in the minority, there's a lot of different items on this lame-duck agenda. i'm going to put up a graphic on the screen, from government funding, debt limb, electoral count act, what is realistic here? the electoral count act seems to be the most of must pass, but what else would you like to see get done before the next congress? >> just this week, we know we are going to be taking votes on the mdaa, making sure we're funding our national security. then we are going to have if the marriage equity bill come before us that has passed the senate, and we are going to celebrate being ability to enshrine that you can marry who you love in this country. then we have to pass a budget.