H.R.4566: Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 2, 2010
  • Latest Major Action Feb. 2, 2010

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Ways and Means
Feb. 2, 2010

Introduced in the House by Erik Paulsen (R-Minn.)

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