HAMP Repeal and Deficit Reduction Act of 2011

Referred to the Subcommittee on Insurance, Housing and Community Opportunity.

Congressional Research Service

Official summary

Version 00 · Introduced in House · Jan 25, 2011

HAMP Repeal and Deficit Reduction Act of 2011 - Prohibits the Secretary of the Treasury from providing any assistance on behalf of any homeowner under the Home Affordable Modification Program (HAMP) under the Making Home Affordable initiative, authorized under the Emergency Economic Stabilization Act of 2008, unless before the enactment of this Act the homeowner was extended an offer to participate in such Program on a trial or permanent basis.

Nullifies and terminates all contracts between the Secretary and mortgage servicers under HAMP, except with respect to such homeowners.

Provides for use of unobligated HAMP funds for reducing the federal debt.

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People & committees

Who introduced it

Rep. Jordan, Jim [R-OH-4] · R–OH

Committees

Financial Services Committee

4 cosponsorship records, including any withdrawals

Legislative record

Actions

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Mar 23, 2011
Referred to the Subcommittee on Insurance, Housing and Community Opportunity.
Jan 25, 2011
Referred to the House Committee on Financial Services.
Jan 25, 2011
Introduced in House
Jan 25, 2011
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in House · Jan 25, 2011 Formatted Text PDF Formatted XML

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 14, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze H.R.430 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.

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Discuss H.R.430, 112th Congress: HAMP Repeal and Deficit Reduction Act of 2011

Official record: https://www.congress.gov/bill/112th-congress/house-bill/430

Text version to examine: Introduced in House · 2011-01-25.

Official full text: https://www.congress.gov/112/bills/hr430/BILLS-112hr430ih.htm

Imported record last updated by the source: 2025-08-14T14:22:43Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.R.430 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.

Fairness and public impact

Progressive lens

Examine H.R.430 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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Discuss H.R.430, 112th Congress: HAMP Repeal and Deficit Reduction Act of 2011

Official record: https://www.congress.gov/bill/112th-congress/house-bill/430

Text version to examine: Introduced in House · 2011-01-25.

Official full text: https://www.congress.gov/112/bills/hr430/BILLS-112hr430ih.htm

Imported record last updated by the source: 2025-08-14T14:22:43Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.430 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.

Institutions and government scope

Conservative lens

Examine H.R.430 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

View full prompt & sources

Discuss H.R.430, 112th Congress: HAMP Repeal and Deficit Reduction Act of 2011

Official record: https://www.congress.gov/bill/112th-congress/house-bill/430

Text version to examine: Introduced in House · 2011-01-25.

Official full text: https://www.congress.gov/112/bills/hr430/BILLS-112hr430ih.htm

Imported record last updated by the source: 2025-08-14T14:22:43Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.430 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

Liberty lens

Examine H.R.430 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.R.430, 112th Congress: HAMP Repeal and Deficit Reduction Act of 2011

Official record: https://www.congress.gov/bill/112th-congress/house-bill/430

Text version to examine: Introduced in House · 2011-01-25.

Official full text: https://www.congress.gov/112/bills/hr430/BILLS-112hr430ih.htm

Imported record last updated by the source: 2025-08-14T14:22:43Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.430 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.