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Federal Debt (Student Loans, IRS, other) Amnesty and Forgiveness Act

Created by J.L. on November 17, 2012

Offer debt forgiveness and prosecutorial amnesty for certain individuals of certain and specific income levels who owe back taxes, student loans, and or other federal governent debt while eliminating interests and penalties for others who arrange payment plans based on a personal and reasonable quality of life standard.

Goals: Increase debt payment compliance and increase revenue while reducing the oppressive heavy hand of federal government debt and debt collection policies.

Expected benifits: Increased federal revenue, increased money in the hands of individuals, increased local demand, national economic growth.

Budget & Taxes
Economy & Jobs
Government & Regulatory Reform
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