Home | news | Legislation

Legislation

The Deficit Reduction Check-Off Act (H.R. 4308)


Washington, July 8, 2009 - Congressman Posey introduced the Deficit Reduction Check-off Act (H.R. 4308), legislation to add a new “Deficit Reduction Check-Off” line to IRS tax forms. Individuals would be given the opportunity to direct up to $10 of their tax rebate/refund for deficit reduction ($20 for joint filers). While the individual’s tax return would only be reduced by a maximum of $10, Posey’s bill directs the Office of Management & Budget (OMB) to cut federal spending by $100 ($200 for a joint return). A $10 check-off translates into $100 in direct deficit reduction. 

Read this Bill

Read More About H.R. 4308

Print version of this document

Congressional Estuary Caucus

Congressional Estuary Caucus

Dedicated to estuary restoration and conservation.

Visit Site

Take My Latest Survey

Let me know how I can better serve you!

Take Survey

Read the Constitution

Read Now

Sign up for Email Updates

U.S National Debt

Learn More About NASA

Nasa
Learn More