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Democrats Defeat GOP Plan To Block Predatory Lending Protections For Soldiers
http://www.huffingtonpost.com/2015/04/30/payday-lending-soldiers_n_7182510.htmlWASHINGTON -- House Democrats successfully knocked down a GOP plan early Thursday morning that would have blocked predatory lending protections for American soldiers.
Republicans had slipped the deregulation measure into the National Defense Authorization Act -- a major bill that sets the military's funding levels. The bill would have imposed a one-year delay on new Department of Defense rules designed to shield military families from abusive terms on payday loans and other forms of expensive short-term credit. Politicians frequently seek to delay measures in order to buy time to marshall the votes needed to fully repeal them.
Republicans had slipped the deregulation measure into the National Defense Authorization Act -- a major bill that sets the military's funding levels. The bill would have imposed a one-year delay on new Department of Defense rules designed to shield military families from abusive terms on payday loans and other forms of expensive short-term credit. Politicians frequently seek to delay measures in order to buy time to marshall the votes needed to fully repeal them.
They dont support the troops, never have. They support war profits for the rich.
Bastards
1 replies
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