- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedJuly 13th, 2017
- senate Committees
With the national debt at nearly $20 trillion, taxpayers should be able to have 10 percent of their federal income taxes go toward paying down the national debt. That ensures their tax dollars still fund other priorities while they choose to focus on helping to lighten the burden of the national debt for future generations.
Taxpayers can’t be able to pick and choose what their tax dollars go toward for even a portion of the tax burden. Paying down the national debt is less important than other priorities in the federal budget, and forcing Congress to cut spending through sequestration is never a good idea.