H.RES.365: Expressing the sense of the House of Representatives that Congress should cut the United States' true debt burden by reducing home mortgage balances, forgiving student loans, and bringing down overall personal debt.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about economics and public finance
  • Introduced July 22, 2011
  • Latest Major Action July 22, 2011

Bill Summary

Expresses the sense of the House of Representatives that: (1) reducing the rate of personal debt is as vital to our economic health as addressing the federal debt and debt limit; and (2) Congress should cut our true debt burden by reducing home mortgage balances, forgiving student loans, and bringing down overall personal debt. Declares that helping U.S. citizens become free of debt to promote personal financial security and to strengthen the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, 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 Education and the Workforce
July 22, 2011

Introduced in the House by Hansen Clarke (D-Mich.)

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