H.Res. 365 (112th): 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.

Introduced:
Jul 22, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Hansen Clarke
Representative for Michigan's 13th congressional district
Party
Democrat
Text
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Last Updated
Jul 22, 2011
Length
5 pages
 
Status

This resolution was introduced on July 22, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 22, 2011
Referred to Committee Jul 22, 2011
 
Summary

No summaries available.

Cosponsors
17 cosponsors (17D) (show)
Committees

House Education and the Workforce

House Financial Services

The committee chair determines whether a resolution will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.Res. stands for House simple resolution.

A simple resolution is used for matters that affect just one chamber of Congress, often to change the rules of the chamber to set the manner of debate for a related bill. It must be agreed to in the chamber in which it was introduced. It is not voted on in the other chamber and does not have the force of law.

The resolution’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


7/22/2011--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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We’ll be looking for a source of summaries from the other side in the meanwhile.

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