Office of the Press Secretary - Press briefing by Jake Siewert - The James S. Brady Press Briefing Room - 1:54 P.M. EST.

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M2 PRESSWIRE-27 December 2000-THE WHITE HOUSE: Office of the Press Secretary - Press briefing by Jake Siewert - The James S. Brady Press Briefing Room - 1:54 P.M. EST (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:27122000 MR. SIEWERT: A quick piece of business and then I'll give you a little update on the transition, and then we can take your questions.

The President today will not return the Bankruptcy Reform Act of 2000 to the Hill, which means that it's, in essence, pocket-vetoed. That's the fourth time we've done that in this administration. As we have said repeatedly, we would have like to have seen Congress complete a bill that was balanced, that made sense, that would reform the bankruptcy system and update it. But instead we got a bill that was...