The Mudcat Café TM
Thread #141413 Message #3270069
Posted By: GUEST,Guest from Sanity
07-Dec-11 - 05:05 PM
Thread Name: BS: Occupy Wall Street; The 99%
Subject: RE: BS: Occupy Wall Street; The 99%
Tia, that was just plain stupid!
Here, spin this!
The bill that ultimately "repealed" the Act was brought up in the Senate by Phil Gramm (R-Texas) and in the House of Representatives by Jim Leach (R-Iowa) in 1999. The bills were passed by a Republican majority, basically following party lines by a 54–44 vote in the Senate and by a bi-partisan 343–86 vote in the House of Representatives. After passing both the Senate and House the bill was moved to a conference committee to work out the differences between the Senate and House versions. The final bill resolving the differences was passed in the Senate 90–8 (one not voting) and in the House: 362–57 (15 not voting). The legislation was signed into law by President Bill Clinton on November 12, 1999.