H.R.2214 - Debt Elimination By Tax-Deductible Contribution Act of 2011112th Congress (2011-2012)
Summary: H.R.2214 — 112th Congress (2011-2012)
Introduced in House (06/16/2011)
Debt Elimination By Tax-Deductible Contribution Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to designate a specified portion (not less than $1) of their income tax liability for deposit in the general fund of the Treasury to reduce the public debt. Allows any such gift to the United States for reduction of the public debt to be treated as a tax deductible charitable contribution.