BUSH SUPPORTERS TALK ABOUT NEW PUSH FOR BANKRUPTCY REFORM

November 8, 2004

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WASHINGTON — Lobbyists for the nation’s leading business groups have been toasting the success of what they describe as an unprecedented effort this year to help elect President Bush and Republican congressional candidates. Now they plan to collect on that investment.

“With his victory and better numbers in the Senate and the House, we hope we would get to some things we believe are long overdue,” said Dirk Van Dongen, president of the National Assn. of Wholesaler-Distributors and a leader of this year’s effort to mobilize the business community behind the Bush candidacy.

The list, according to interviews with lobbyists and trade associations, includes making tax cuts for capital gains and dividends permanent, limiting liability lawsuits, changing bankruptcy laws and opening previously restricted land in Alaska and elsewhere for energy exploration.

Banks and credit card companies list bankruptcy reform on the priority list.

L.A. Times. By Tom Hamburger Times Staff Writer.