Sec. 8002. Debt freedom fund
100 words·~1 min read·
/bill/113/s/2170/is/section-8002·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding any other provision of law, in accordance with all revenue sharing arrangement with States in effect on the date of enactment of this Act, an amount equal to the additional amount of Federal funds generated by the programs and activities under this Act (and the amendments made by this Act)— shall be deposited in a special trust fund account in the Treasury, to be known as the Debt Freedom Fund ; and shall not be withdrawn for any purpose other than to pay down the national debt of the United States, for which purpose payments shall be made expeditiously.