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Ruppersberger Wants to Use Public Donations for Debt

September 13th, 2011 by WCBC Radio

A Maryland Congressman wants to see the federal government start properly using taxpayers money targeted toward retiring the deficit. Congressman Dutch Ruppersberger announced last week, new legislation that he says will protect citizen donations. Ruppersberger says citizens have donated about $81.7 million to help retire the public debt since President Kennedy signed a law creating the program in 1961. He says however, the donations have been deposited into the Treasury Department’s general fund, which serves as the government’s main checking account. Appearing on WBAL radio last week, the congressman discussed plans to introduce the “Restoring Integrity to Public Debt Donations Act,” which directs the U.S. Treasury to deposit donations made by the public into a separate account used for deficit reduction only. The bill will ensure these donations are being used for their intended purpose. He says using those dedicated dollars for the general fund is dishonest, and further create trust issues for American citizens when it comes to the government.

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