American Growth & Tax Reform Act of 2013

[AI summary unavailable — showing source text] [Congressional Bills 113th Congress] [From the U.S. Government Publishing Office] [H.R. 2393 Introduced in House (IH)] 113th CONGRESS 1st Session H. R. 2393 To direct the Secretary of the Treasury to develop and present to Congress a legislative proposal to establish a consumption tax. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES June 17, 2013 Mr. Fattah introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To direct the Secretary of the Treasury to develop and present to Congress a legislative proposal to establish a consumption tax. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``American Growth & Tax Reform Act of 2013''. SEC. 2. FINDINGS. Congress finds the following: (1) The United States, from its beginning in 1790 to the present, has been free of a national debt for only two years, 1834 and 1835. (2) After 1946, the national debt as a percentage of GDP declined, reaching a low of 32.5 percent…