Ye who read this post, abandon all hope

Voting will resume on Monday March 7 in the Senate with respect to the Reform Bill. How will the Bill fare? If these comments from Senators are any indication, we suggest that you brace for impact now:

March 4 /U.S. Newswire/ -- House Majority Leader Tom DeLay (R-Texas) and House Judiciary Committee Chairman F. James Sensenbrenner Jr. (R-Wis.) today commended the Senate's continuing floor consideration of legislation curbing abuse of our bankruptcy laws. The two issued the following statement:"We agree with the overwhelming majority of our Senate colleagues that we must overhaul our bankruptcy laws to prevent abuse of them. For too long, some have used our bankruptcy laws as a financial planning tool rather than a course of last resort."We fully support the current version of Senate bankruptcy reform legislation. Should the Senate avoid any further substantive amendments to S. 256, we will promptly take it up in the House. Given strong, bipartisan House support for bankruptcy reform for the past eight years, we no doubt will pass it so it can be sent to President Bush for his signature.