Now, the amendment maintains the $200,000 salary and $1 million net worth -- as long as the primary residence is not included in the net worth calculation.
http://news.google.com/news/search?q=senate+bill+accredited+...
Given all that tough talk by Obama when he first proposed it in that news conference, I'm very surprised to see such poor mention of it subsequently. News channels seem to not even want to report on it. Sad (and maddening) to see such a visible act of Wall Street's power.
Sens. Merkley and Levin proposed an amendment to make it a hard rule. The Republicans repeatedly blocked a vote on it. To get around this, they added it as an amendment to a Republican amendment. The Republicans withdrew their amendment to prevent this vote. Now there's word that they'll try to pass instructions to the committee in charge of combining the House and Senate bills to try to add the amendment there. If you want to support something like that, please sign our petition:
http://act.boldprogressives.org/act/petition_gambling/?sourc...