KSLA News 12 Shreveport, Louisiana |Ark. senators don't back anti-foreclosure measure
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Associated Press - April 30, 2009 7:04 PM ET
WASHINGTON (AP) - Arkansas' two U.S. senators were on the prevailing side Thursday when the Senate voted 45-51 to defeat a measure that would have given bankruptcy judges authority to reduce the costs and terms of mortgages for homeowners threatened with foreclosure.
The measure needed 60 votes to be added as an amendment to a broader mortgage bill, but received only 45.
Voting for the proposal were 43 Democrats and two independents.
Voting against it were 12 Democrats - including Sens. Blanche Lincoln and Mark Pryor of Arkansas - and 39 Republicans.
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