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  <bill>
    <number>2768</number>
    <updateDate>2023-01-11T13:22:32Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:22:32Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-08-01</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. PAUL:H.R. 2768.Congress has the power to enact this legislation pursuantto the following:This legislation is authorized by Article I, Section 8 ofthe Constitution:[Page H5887]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2011-08-01T14:08:05Z</date>
          </item>
        </activities>
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      <item>
        <actionDate>2011-08-01</actionDate>
        <text>Referred to the House Committee on Ways and Means.</text>
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        <text>Introduced in House</text>
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        <actionDate>2011-08-01</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>P000583</bioguideId>
        <fullName>Rep. Paul, Ron [R-TX-14]</fullName>
        <firstName>RON</firstName>
        <lastName>PAUL</lastName>
        <party>R</party>
        <state>TX</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Budget deficits and national debt</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-08-01</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-10-31T15:38:28Z</updateDate>
        <text><![CDATA[ <p>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.</p> <BR>]]></text>
      </summary>
    </summaries>
    <title>Debt Crisis Resolution Act of 2011</title>
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        <titleType>Display Title</titleType>
        <title>Debt Crisis Resolution Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To cancel public debt held by the Federal Reserve System and to lower the public debt limit by an equal amount.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Debt Crisis Resolution Act of 2011</title>
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    </titles>
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        <type>Introduced in House</type>
        <date>2011-08-01T04:00:00Z</date>
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    <latestAction>
      <actionDate>2011-08-01</actionDate>
      <text>Referred to the House Committee on Ways and Means.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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