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- S.2938
S.2938: 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 Jan. 20, 2010
- Latest Major Action Jan. 20, 2010
Bill Sponsor
Bill Cosponsors
28 (All Republicans)
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 |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| Jan. 20, 2010 |
Introduced in the Senate by John Thune (R-S.D.) |