The federal government creates the rules that govern bankruptcy, which is when people or businesses go to court to declare they are unable to pay their creditors. Barack Obama pledged during the campaign to change the rules so that workers could ask the courts for more in unpaid wages and benefits from bankrupt employers.

That type of expansion would have to be approved by Congress, but Congress has taken no action on the matter. So a year ago, we rated this promise Stalled.

We asked the White House whether any progress was being made on this promise, and they were unable to provide any evidence that it was advancing. If any progress is made in the future, we'll change our rating, but after two years and with no sign of action, we're shifting this one to Promise Broken.