H.R.2768 - Debt Crisis Resolution Act of 2011

To cancel public debt held by the Federal Reserve System and to lower the public debt limit by an equal amount. view all titles (2)

All Bill Titles

  • Short: Debt Crisis Resolution Act of 2011 as introduced.
  • Official: To cancel public debt held by the Federal Reserve System and to lower the public debt limit by an equal amount. as introduced.

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  • Today: 120
  • Past Seven Days: 324
  • All-Time: 3,571
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
07/31/11
 
 
 
 
 
 
 

Sponsor

Representative

Ronald Paul

R-TX

No Co-Sponsors

Official Summary

8/1/2011--Introduced.Debt Crisis Resolution Act of 2011 - Instructs the Secretary of the Treasury to cancel all federal public debt obligations held by the Federal Reserve System.

FEED

Recent News Coverage

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08/07/11
Ron Paul One Step Ahead of Dean Baker

Chris Dunn points out to me a column by Keynesian economist Dean Baker where he endorses Ron Paul's introduction of a Congressional bill (HR 2768) that would abolish $1.6 trillion of debt owed by the Treasury to the Federal Reserve. ...

Source: Lew Rockwell
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08/04/11
Ron Paul Wants to Cancel Fictitious Debt to Fed... and Lower Limit Accordingly

HR 2768 would do just that. Recently, Rep. Paul argued, “Where did they get the money to buy our debt? They created it our of thin air. Taxpayers keep working hard to pay interest to the Federal Reserve as well as finance these bonds. ...

Source: HNN Huntingtonnews.net
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08/03/11
Tag Archives: HR 2768

Under his bill, HR 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear. The Federal Reserve began buying Treasury bonds in earnest late last year as part of its effort to keep long-term interest rates down. ...

Source: Bacon's Rebellion
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Recent Blog Coverage

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04/12/12
Bernanke's Warning: We Stand on the Precipice of Economic ...

In August, Ron Paul introduced HR 2768, legislation designed to cancel $1.6 trillion in debt. “I would say that ... HR 2768 disappeared into the maw of a congressional committee and will likely never be seen again. A previous ...

Source: admin
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12/08/11
Business, edwardian cabinet

£150.00 (0 Bids)End date: Friday Dec-09-2011 8:36:56 GMTBuy it now for only: £320.00Bid now | Buy it now | Add to watch list... Continue reading. H.R. 2768 Would Cancel $1.6 TN in cabinet minister Debt Held by Fed ...

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10/17/11
Congressman Ron Paul Introduces H.R. 2768: Immediately Strip ...

Congressman Ron Paul Introduces H.R. 2768: Immediately Strip $1.6 Trillion From Rothschild's Federal Reserve. ... Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear.

Source: Volubrjotr
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