Steve Stivers: “Sometimes small steps can make a big difference, and often the best legislation comes from our constituents. That's the…”

“Sometimes small steps can make a big difference, and often the best legislation comes from our constituents. That's the case with legislation that I have introduced called the DEBT Contribution Act, which gives Americans simpler ways to make a tax- deductible contribution specifically to reduce our national debt. Recently, I have received letters from constituents like this one asking how they can donate funds to pay down our national debt. I voluntarily give $700 out of every paycheck to go toward paying down the national debt, and I want to make it easier for like-minded citizens to do the same. That's why I've sponsored the DEBT Contribution Act. It does three things: First, it creates a check-off box on the individual tax return form to make it more user friendly to give a tax-deductible contribution to pay down the national debt. Second, it makes sure that 100 percent of those funds are used to reduce the national debt and not redirect it for any purpose. And, finally, it makes it clear that it is tax deductible, as it has been to give that charitable contribution. Our national debt is now $14.2 trillion, and we need to do everything we can to pay down our national debt. I urge my colleagues from both sides to support this measure. ____________________”