Politics
Politics
Out of context: Reply #15815
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Rep. Paul introduces bill to cancel $1.6T in debt held by Federal Reserve
http://thehill.com/blogs/floor-a…Paul has argued for the last few weeks that the idea represents a quick way to make the growing fiscal crisis more manageable. Under his bill, H.R. 2768, the $1.6 trillion that the Treasury owes to the Federal Reserve would disappear.