Bill Provides Additional $1M For Revolving Fund
The omnibus spending bill also included provisions that will provide an additional $1 million for NCUA's community development revolving loan fund, and renewing the borrowing limit for the Central Liquidity Facility at $1.5 billion.
The apparent end of Congress-there is still an outside chance lawmakers will return in December to deal with recommendations by the 9/11 Commission-means another death for the bankruptcy reform bill.
The long-sought bill, which would make it tougher for individuals to walk away from debt, relegating them instead to a reorganization of their finances, has been lingering since it was passed by both the House and Senate last year, but both chambers have yet to agree on a single version of the bill. This would be the fourth straight Congress that the bill has died.