Warren and Biden once faced off in the 'bankruptcy wars,' a possible preview of tonight’s debate
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In her research, Warren found that the explosion of bankruptcy filings — more than a million families a year by the mid-90s — wasn’t being driven by reckless consumers seeking to escape their credit card balances. Instead it was the result of a fraying social safety net and a precipitous decline in the economic security of the American middle class.
They finally met face-to-face on Feb. 10, 2005. Warren was the expert witness; Biden was the interrogator. In her books and op-eds, Warren had already criticized Biden for the bill’s disproportionate impact on women. But there, in the Hart Senate Office Building, their mutual animosity spilled out into the open.
Story continues“But, senator,” Warren replied, “if you are not going to fix that problem, you can’t take away the last shred of protection from these families.”Biden eventually prevailed. His bill passed later that year. But the fundamental difference between him and Warren on vivid display in 2005 is the same disagreement that divides them today.
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