PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
Congressional Research Service
Version 00 · Introduced in House · Oct 15, 2003
Debt Reduction and Fiscal Responsibility Restoration Act of 2003 - Establishes in the Treasury the Deficit Reduction Account, to be used by the Secretary of the Treasury to pay at maturity, or to redeem or buy before maturity, any obligation of the Government held by the public and included in the public debt. Requires the Secretary to report annually to each House of Congress on the amounts and dates of deposits into the Account and on the public debt redeemed during the previous year.
Amends the Rules of the House of Representatives to provide that it shall be in order, during the reading of an appropriation bill for amendment in the Committee of the Whole House on the state of the Union, to consider en bloc amendments proposing only to reduce appropriations among objects in the bill and to appropriate an amount not greater than the amount so reduced to the Account.
People & committees
Rep. Tancredo, Thomas G. [R-CO-6] · R–CO
Legislative record
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Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 18, 2025. Consult Congress.gov for the current record.
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Analyze H.R.3302 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.3302 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
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