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Go Woke, Go Broke Act

12/15/2023, 3:57 PM

Summary of Bill HR 2776

Bill 118 HR 2776, also known as the Go Woke, Go Broke Act, is a piece of legislation introduced in the US Congress. The purpose of this bill is to prohibit federal funding from being used to promote or implement critical race theory or related ideologies in schools, workplaces, or any other federally funded programs.

The bill aims to prevent the use of taxpayer dollars to fund programs that promote divisive ideologies or discrimination based on race. It also seeks to ensure that federal funds are not used to promote the idea that individuals should be treated differently based on their race or ethnicity.

Supporters of the bill argue that critical race theory and related ideologies are harmful and divisive, and that federal funds should not be used to promote these ideas. They believe that promoting unity and equality should be the focus of federally funded programs. Opponents of the bill argue that it infringes on free speech and academic freedom, and that it could have a chilling effect on discussions about race and racism. They believe that critical race theory is an important tool for understanding and addressing systemic racism in society. Overall, the Go Woke, Go Broke Act is a controversial piece of legislation that highlights the ongoing debate over the role of critical race theory in education and public discourse. It remains to be seen whether this bill will gain enough support to become law.

Congressional Summary of HR 2776

Go Woke, Go Broke Act

This bill abolishes the Advisory Committee on Racial Equity in the Department of the Treasury. The bill also prohibits Treasury from reestablishing this advisory committee or establishing any substantially similar advisory committee.

Current Status of Bill HR 2776

Bill HR 2776 is currently in the status of Bill Introduced since April 20, 2023. Bill HR 2776 was introduced during Congress 118 and was introduced to the House on April 20, 2023.  Bill HR 2776's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of April 20, 2023

Bipartisan Support of Bill HR 2776

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
34
Democrat Cosponsors
0
Republican Cosponsors
34
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2776

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 2776

Go Woke, Go Broke Act
Go Woke, Go Broke Act
To abolish the Advisory Committee on Racial Equity of the Department of the Treasury.

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