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.
Latest action · Jul 22, 2011 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.
Progress
Where this resolution reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried. A simple resolution is the business of one chamber alone: it is not sent to the other chamber or to the President, and does not become law.
- IntroducedJul 22, 2011
- Agreed to in HouseNot reached
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 nation's economy should be a top priority of the United States.
Cosponsors 17
Members who signed on, in the order they did. Signatures ran from Aug 19, 2011 to Dec 7, 2011.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MS | Bennie G. Thompson | Aug 19, 2011 | |
| D-OH | Dennis J. Kucinich | Aug 19, 2011 | |
| D-MD | Elijah E. Cummings | Aug 19, 2011 | |
| D-FL | Frederica S. Wilson | Aug 19, 2011 | |
| D-CT | John B. Larson | Aug 19, 2011 | |
| D-MA | John W. Olver | Aug 19, 2011 | |
| D-CA | Karen Bass | Aug 19, 2011 | |
| D-MN | Keith Ellison | Aug 19, 2011 | |
| D-CA | Lynn C. Woolsey | Aug 19, 2011 | |
| D-OH | Marcy Kaptur | Aug 19, 2011 | |
| D-NJ | Robert E. Andrews | Aug 19, 2011 | |
| D-NY | Yvette D. Clarke | Aug 19, 2011 | |
| D-MI | John Conyers, Jr. | Sep 20, 2011 | |
| D-DC | Eleanor Holmes Norton | Oct 5, 2011 | |
| D-CA | Barbara Lee | Oct 26, 2011 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jul 22, 2011 |
| House | Education and Workforce Committee | Referred Jul 22, 2011 |
Actions 2
Everything that happened, newest first.
- Jul 22, 2011Introduced in House
- Jul 22, 2011Referred 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.
In the Congressional Record 1
Days the Record’s own index lists this resolution, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H7084 | Hansen Clarke D-MI | Oct 26, 2011 |
Titles 1
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- 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.
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Jul 22, 2011Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this resolution on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.