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- H.R.1956
H.R.1956: War on Debt Act of 2013
About This Bill
- Introduced May 13, 2013
- Latest Major Action May 13, 2013
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
War on Debt Act of 2013 - Requires the Secretary of the Treasury to establish and administer a new series of U.S. savings bonds to be known as "War on Debt Bonds," to be used first solely to reduce the amount of foreign-held public debt, and then to reduce other public debt. Sets the maturity and redemption date of a War on Debt Bond at 50 years from the date of issue. Requires certain annual principal and interest payments, which shall not...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| May 13, 2013 |
Referred to the House Committee on Ways and Means.
|
| May 13, 2013 |
Introduced in the House by Bill Owens (D-N.Y.) |