X-Nico

unusual facts about United States public debt



Cut, Cap and Balance Act

The provisions of the bill included a cut in the total amount of federal government spending, a cap on the level of future spending as a percentage of GDP, and, on the condition that Congress pass certain changes to the U.S. Constitution, an increase in the national debt ceiling to allow the federal government to continue to service its debts.

Reduce America's Debt Now Act of 2011

Reduce America's Debt Now Act of 2011 is a proposed act that will require employers to make non-deductible deductions from employees for the US Treasury to be used to feed the United States public debt.


see also

Public Debt Acts

In the United States, Public Debt Acts are Acts of Congress which set the debt ceiling on the National debt of the United States.