[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 1657 Introduced in Senate (IS)]


104th CONGRESS
  2d Session
                                S. 1657

  Requiring the Secretary of the Treasury to make recommendations for 
                      reducing the national debt.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 29, 1996

 Mr. Faircloth introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  Requiring the Secretary of the Treasury to make recommendations for 
                      reducing the national debt.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPORT ON RECOMMENDATIONS TO REDUCE THE NATIONAL DEBT.

    Not later than 6 months after the date of the enactment of this 
Act, the Secretary of the Treasury shall conduct a study of, and report 
to the Congress recommendations with respect to, methods for reducing 
the national debt of the United States. Such report shall include 
specific recommendations with respect to--
            (1) the feasibility of using the Federal tax code to create 
        incentives to reduce the national debt,
            (2) the feasibility of the establishment of a debt 
        reduction trust fund comparable to the Presidential Election 
        Campaign Fund, and
            (3) improvements in the management of the public debt, 
        including improvements through the use of new technologies.
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