HR 4566 · 111th Congress · Finance and Financial Sector

Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010

Introduced 2010-02-02· Sponsored by Rep. Paulsen, Erik [R-MN-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Ways and Means(2010-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010 - Terminates the authorities granted the Secretary of the Treasury under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 (EESA) to purchase troubled assets from financial institutions. Lowers the public debt limit by the amount of all TARP assistance repaid by recipients on or after the enactment of this Act, along with dividends, profits, or other funds paid to the Government based on such assistance.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Republicans