Once again, as an upstanding citizen with a damn near perfect credit score, I’m about to get screwed.

Now Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to make up for lost income, the card companies are going after those people with sterling credit.

Banks are expected to look at reviving annual fees, curtailing cash-back and other rewards programs and charging interest immediately on a purchase instead of allowing a grace period of weeks, according to bank officials and trade groups.

“It will be a different business,” said Edward L. Yingling, the chief executive of the American Bankers Association, which has been lobbying Congress for more lenient legislation on behalf of the nation’s biggest banks. “Those that manage their credit well will in some degree subsidize those that have credit problems.”

Awesome. I’d go on a full-fledged rant on this, but apparently in order to stay competitive, I’m going to be busy for the next 6 months wrecking my credit score, purchasing a bunch of crap i don’t need and can’t afford so I can be on the receiving end on one of these great new economic policies for a change.