WASHINGTON - House and Senate Democrats renewed a vow Tuesday to stop passage of bankruptcy reform legislation that has been adopted by both houses and is awaiting its fate in compromise negotiations.

Sen. Paul Wellstone of Minnesota said at a news conference that Democrats "would use every tactic" to stall the bill should it be attached to unrelated legislation. And Rep. Jerrold Nadler of New York said Democrats have enough votes to uphold a possible presidential veto.

The Senate approved a bankruptcy reform bill in February and the House passed its version in May 1999, but President Clinton has threatened to veto the bill unless it contains substantial consumer protections.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.