H.R.7223 - To suspend the capital gains tax, schedule the government-sponsored enterprises for privatization, repeal the Humphrey-Hawkins Full Employment Act, and suspend mark-to-market accounting requirements, and for other purposes.

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  • Official: To suspend the capital gains tax, schedule the government-sponsored enterprises for privatization, repeal the Humphrey-Hawkins Full Employment Act, and suspend mark-to-market accounting requirements, and for other purposes. as introduced.

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11/03/08
Things to watch for after the election.

It’s called HR 7223, and it proposes to suspend the capital gains tax (a tax you pay on money you earn on interest and the gain on property sold) and suspend mark-to-market accounting requirements (a rule that created much of the ...

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10/21/08
An e-mail from my Congressman

For that reason, I co-sponsored HR 7223 which represents a reasoned response to our economic challenge. HR 7223 would have reformed the financial market regulatory system and empowered private investors to fund the financial market's ...

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10/14/08
Con. Steve Pearce finally replied my bail out email. Dear Mrs ...

For these reasons, I have cosponsored an alternative to the bailout bill, HR 7223, the Economic Rescue Alternative Plan. It more closely reflects the principles I believe are necessary to start our economic recovery. ...

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10/13/08
CORRECT: The difference is, U.S. banks can still fail - MarketWatch

H.R. 7223 would have reformed the financial market regulatory system and empowered private investors to fund the financial market's recovery. I believe this plan represented a 'work-out' rather than a bailout - leveraging limited tax ...

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10/11/08
Boyd's Blog: We Need a New Jesse H. Jones

While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250000, I co-sponsored the conservative alternative, H.R. 7223. To read about the Free Market ...

Source: Boyd's Blog
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10/07/08
Congressman Culberson Opposes Bailout

While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250000, I co-sponsored the conservative alternative, HR 7223. To read about the Free Market ...

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10/07/08
To Be Fair...

Another alternative - HR 7223 - would have set up an FDIC-style mandatory insurance program in which Wall Street firms would have paid to insure their mortgage-backed securities. Doing so would have made Wall Street instead of Main ...

Source: GrayMatters
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10/05/08
Culberson Opposes Bailout

While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250000, I co-sponsored the conservative alternative, HR 7223.

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10/03/08
sweet bribes "packed with 'sweeteners' - the deceptive name for ...

i support an alternative bill, hr 7223, that gets to the underlying issues and gets our capital markets moving again. congress must take action, but rushing headlong into paulson's $700 billion, taxpayer-funded fire sale is the wrong ...

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10/03/08
At Least Culberson got it right

While I am glad the SEC Chairman Chris Cox repealed the mark to market rule, and that the bailout bill raised the FDIC insured limit to $250000, I co-sponsored the conservative alternative, HR 7223. To read about the Free Market ...

Source: LogiPundit
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10/02/08
Bachmann Blog : News & Views from Minnesota Congressman Michele ...

The Free Market Protection Act (H.R. 7223) is an alternative economic rescue plan that puts us on a better path to attack the roots of the current crisis. Among other things, it would suspend the capital gains tax, schedule the ...

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10/02/08
Banking Bill Bails Out China

... the plan ultimately leads America in the right direction. Using that test, I cannot in good conscience support this legislation.” Hensarling had introduced the Free Market Protection Act (H.R. 7223) as an alternative economic plan. ...

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10/02/08
Price, House Conservatives Torpedo $700B Bailout Bill - beaconcast.com

There is an alternative bill that has surfaced that could have been supported by the majority of the House of Representatives today, HR 7223. This version incorporated many of the fundamental principles that I’ve talked about. ...

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10/02/08
The Hill Blog» Blog Archive » The Wrong Bill For What Ails Us (Rep ...

The Free Market Protection Act (H.R. 7223) is an alternative economic rescue plan that puts us on a better path to attack the roots of the current crisis. Among other things, it would suspend the capital gains tax, schedule the ...

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10/02/08
banking bill bails out communist china

... that the plan ultimately leads america in the right direction. using that test, i cannot in good conscience support this legislation." hensarling had introduced the free market protection act (hr 7223) as an alternative economic plan.

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10/02/08
Banking Bill Bails Out China

Hensarling had introduced the Free Market Protection Act (HR 7223) as an alternative economic plan. http://www.aim.org/aim-column/banking-bill-bails-out-china/. Posted in Conspiracy, Economy, News.

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10/02/08
Aderholt votes against bailout package again

"The second alternative I supported was a bill that I cosponsored before the first bailout vote in the House, the "Free-Market Protection Act of 2008" (HR 7223), which was sponsored by Rep. Jeb Hensarling. ...

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10/01/08
200810022117 | Banking Bill Bails Out China | / | Editorial

Hensarling had introduced the Free Market Protection Act (H.R. 7223) as an alternative economic plan. Cliff Kincaid is the Editor of Accuracy in Media, and can be contacted at This e-mail address is being protected from spam bots, ...

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10/01/08
World Tribune — Senate package would bail out major foreign ...

Hensarling had introduced the Free Market Protection Act (H.R. 7223) as an alternative economic plan. Meanwhile Obama is coming in for strong criticism from supporters of Ralph Nader, who is running for the presidency on a third party ...

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09/29/08
WashingtonWatch.com - H.R. 7223, The Free Market Protection Act of ...

US Congress: HR 7223, The Free Market Protection Act of 2008.

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09/29/08
New Jersey Real Estate Report » No Bottom Yet

He said the plan Rachel referenced above can be referred to as the “Republican Study Committe Alternative Plan” and it’s H.R. 7223. He said the plan was developed by a group of conservative Republicans in the House. ...

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09/29/08
Alternate Rescue Plans

“I have also cosponsored an Alternative Economic Rescue Plan (HR 7223) to provide Wall Street a mechanism to use private capital to restore faith in financial markets. It would create mandatory insurance for Mortgage-Backed Securities ...

Source: Cafe Talk
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09/29/08
after the bailout blowout - there is a way ahead

here, for example, are two rescue measures introduced yesterday, one “main street protection act (hr 7228)” sponsored by representative roscoe bartlett of maryland here, and one “alternative economic rescue plan (hr 7223)” co-sponsored

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09/29/08
Hensarling introduces alternative rescue plan

Rep Hensarling has an alternative to the bailout bill to repair the financial sector - HR 7223 - and has 50 co-sponsors, including Rep Carter and Rep McCaul. CNBC reports that components of the alternative plan include the following: ...

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09/29/08
Comment on No Bottom Yet by Shawn212

He said the plan Rachel referenced above can be referred to as the “Republican Study Committe Alternative Plan” and it’s HR 7223. He said the plan was developed by a group of conservative Republicans in the House. ...

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09/28/08
Saint Louis Beacon - Despite revised rescue plan, Akin, Clay and ...

As an alternative, Akin has co-sponsored HR 7223, which has among its provisions to suspend the capital gains tax, schedule the government-sponsored enterprises for privatization, repeal the Humphrey-Hawkins Full Employment Act. ...

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09/28/08
Bailout fallout: stocks tumble, utilities withdraws

Highlights of HR 7223 include:. * Use privately-funded mortgage insurance to stabilize the market and eliminate taxes on profits earned by US firms overseas, so they will not have incentives to move job overseas ...

Source: CSBJ Daily
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09/28/08
Lamborn lauds bailout bill rejection

Lamborn co-sponsored an alternative bailout bill, HR 7223, that would, among other things, privatize ailing mortgage giants Fannie Mac and Freddie Mac, use privately-funded mortgage insurance to stabilize the market, and eliminate taxes ...

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09/28/08
bailout bill number - Lamborn lauds bailout bill rejection

The bill, HR 3997, failed 225-208. Lamborn co-sponsored an alternative bailout bill, HR 7223, that would, among other things, privatize ailing mortgage giants Fannie Mac and Freddie Mac, use privately-funded mortgage insurance to . ...

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09/27/08
HR 7223, To suspend the capital gains tax, schedule the government ...

HR 7223 would suspend the capital gains tax, schedule the government-sponsored enterprises for privatization, repeal the Humphrey-Hawkins Full Employment Act, and suspend mark-to-market accounting requirements. ...

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