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HR 4566 111th Congress House Finance and Financial Sector Budget deficits and national debt Financial crises and stabilization

Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010

Introduced: February 2, 2010 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 2, 2010
Referred to House Ways and Means
Feb 2, 2010
Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 2, 2010
Referred to House Financial Services
Feb 2, 2010
Introduced in House
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 Plain-English summary Congressional Research Service

Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010 - Terminates the authorities granted the Secretary of the Treasury under the Troubled Asset Relief Program (TARP) of the Emergency Economic Stabilization Act of 2008 (EESA) to purchase troubled assets from financial institutions.

Lowers the public debt limit by the amount of all TARP assistance repaid by recipients on or after the enactment of this Act, along with dividends, profits, or other funds paid to the Government based on such assistance.

What's happening now February 2, 2010

Referred to House Ways and Means

 Related & companion bills 1
  • S 2938 Identical bill Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Republican 2
R
Jordan, Jim
Ohio · Feb 3, 2010
 R
Lummis, Cynthia M.
Wyoming · Feb 3, 2010
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4566: Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4566/
MLA
"H.R. 4566: Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4566/.
Bluebook (legal)
H.R. 4566, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4566/.
Markdown link
[H.R. 4566: Erasing our National Debt Through Accountability and Responsibility Plan Act of 2010](https://openamerica.io/bill/111-HR-4566/)
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