Expressing the sense of the Congress that the tax give away since 2001 to the wealthiest 5 percent of Americans should be repealed and those monies instead invested in vital programs to relieve the growing burden on the working poor and to alleviate poverty in America.
The source supplies the latest action, but no lifecycle stage.
Latest action (26 Apr 2007): Sponsor introductory remarks on measure. (CR H4200)
What this bill does
This bill, H.Con.Res. 10, expresses the opinion of Congress that tax cuts enacted since 2001 that primarily benefit the wealthiest five percent of Americans should be repealed. The resolution suggests that the money generated from repealing these tax cuts should instead be invested in programs aimed at helping the working poor and reducing poverty in the United States. It also highlights statistics on poverty and lack of health insurance, and provides examples of programs that could be funded with the estimated revenue from these tax cuts.
The bill specifically targets tax cuts affecting the wealthiest five percent of Americans and proposes reallocating those funds to programs for the working poor and poverty alleviation. It does not create new laws or mandates but rather states a non-binding "sense of Congress."
Introduced in the House of Representatives in January 2007, the bill was referred to the Committee on Ways and Means. The latest action recorded is sponsor introductory remarks in April 2007. As a concurrent resolution, it requires passage by both the House and the Senate to be formally adopted by Congress.
Plain-English summary generated by Bill100 AI from the official record. Always verify against the source below.
Timeline
26 Apr 2007
Sponsor introductory remarks on measure. (CR H4200)
Common questions
- What does H.Con.Res. 10 do?
- This bill, H.Con.Res. 10, expresses the opinion of Congress that tax cuts enacted since 2001 that primarily benefit the wealthiest five percent of Americans should be repealed. The resolution suggests that the money generated from repealing these tax cuts should instead be invested in programs aimed at helping the working poor and reducing poverty in the United States. It also highlights statistics on poverty and lack of health insurance, and provides examples of programs that could be funded with the estimated revenue from these tax cuts. The bill specifically targets tax cuts affecting the wealthiest five percent of Americans and proposes reallocating those funds to programs for the working poor and poverty alleviation. It does not create new laws or mandates but rather states a non-binding "sense of Congress." Introduced in the House of Representatives in January 2007, the bill was referred to the Committee on Ways and Means. The latest action recorded is sponsor introductory remarks in April 2007. As a concurrent resolution, it requires passage by both the House and the Senate to be formally adopted by Congress.
- Has H.Con.Res. 10 become law?
- The source does not supply a confirmed lifecycle stage for H.Con.Res. 10. Check the latest action and official source below.
- Who sponsored H.Con.Res. 10?
- H.Con.Res. 10 was sponsored by Rep. Lee, Barbara [D-CA-9] (D-CA), with 7 cosponsors.
- What's the latest action on H.Con.Res. 10?
- Sponsor introductory remarks on measure. (CR H4200) (26 Apr 2007).
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