Clean Slate through Consolidation Act

Hozzl · 2022-12-29T21:48:14Z

Explore the details of House Bill 7000 Clean Slate through Consolidation Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Education. Stay informed on legislative developments.

12/29/2022, 9:48 PM

Summary of Bill HR 7000

Bill 117 HR 7000, also known as the Clean Slate through Consolidation Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to streamline and consolidate various federal programs and agencies in order to improve efficiency and reduce redundancy in government operations.

The Clean Slate through Consolidation Act aims to achieve this goal by conducting a comprehensive review of all federal programs and agencies to identify areas where consolidation or elimination may be beneficial. The bill also calls for the creation of a bipartisan commission to oversee this review process and make recommendations to Congress for streamlining government operations.

Additionally, the Clean Slate through Consolidation Act includes provisions for increasing transparency and accountability in government spending, as well as measures to ensure that any savings achieved through consolidation are reinvested in programs that benefit the American people. Overall, the Clean Slate through Consolidation Act is a bipartisan effort to improve the effectiveness and efficiency of the federal government by consolidating programs and agencies where necessary, increasing transparency and accountability in government operations, and reinvesting savings in programs that serve the public good.

Congressional Summary of HR 7000

Clean Slate through Consolidation Act

This bill provides for the removal of any adverse credit history related to a defaulted federal student loan from a borrower's credit history once the borrower has obtained a Federal Direct Consolidation Loan discharging the borrower's liability on the defaulted loan.

Read the Full Bill

Formatted Text PDF Formatted XML

Current Status of Bill HR 7000

Bill HR 7000 is currently in the status of Bill Introduced since March 8, 2022. Bill HR 7000 was introduced during Congress 117 and was introduced to the House on March 8, 2022. Bill HR 7000's most recent activity was Referred to the House Committee on Education and Labor. as of March 8, 2022

Bipartisan Support of Bill HR 7000

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7000

Primary Policy Focus

Education

Alternate Title(s) of Bill HR 7000

Clean Slate through Consolidation Act

To amend the Higher Education Act of 1965 to require the removal of the record of default from credit history upon obtaining a Federal Direct Consolidation Loan that discharges the defaulted loan.