HR 2990 invests in jobs and infrastructure while cutting debt -- without raising taxes.
The US can issue both Bonds (debt) and US Money.
Currently, we only issue debt. This means that all US Money is "borrowed into existence". The Federal Reserve System of 12 privately owned Fed Banks creates money to buy US Bonds (national debt).
This debt-based system forces either taxes or the national debt to rise with any government spending.
HR 2990 creates a system for The US Treasury to issue US Money instead of debt (bonds). It makes the Fed part of the Treasury instead of being owned by private banks.
Sign this petition. Then ask your US House Representative to cosponsor HR 2990. (NEED Act) The text is at The Congressional Web site.