,i #aacth ,,congress #ast ,session ,h4 ,r4 #ccdj ,,in ,,the ,,house ,,of ,,representatives ,october #bd1 #bjac,mr4 ,kingston introduced the following bill2 which was referred to the ,committee on ,financial ,services ,a ,,bill ,to require use of amounts repaid to the ,secretary of the ,treasury by ,fannie ,mae and ,freddie ,mac to reduce the national debt4 #a4 ,short title ,this ,act may be cited as the ,fannie-,freddie ,debt ,elimination ,act of #bjac4 #b4 ,use of ,fannie ,mae and ,freddie ,mac repayments to reduce national debt 7a7 ,reduction of national debt ,any amounts paid or repaid to the ,secretary of the ,treasury by the ,federal ,national ,mortgage ,association or the ,federal ,home ,loan ,mortgage ,corporation in any form1 including any dividends paid pursuant to the ,amended and ,restated ,senior ,preferred ,stock ,purchase ,agreements1 dated ,september #bf1 #bjjh1 amended ,may #f1 #bjji1 further amended ,december #bd1 #bjji1 and further amended ,august #ag1 #bjab1 between the ,united ,states ,department of the ,treasury and the ,federal ,national ,mortgage ,association1 and between such ,department and the ,federal ,home ,loan ,mortgage ,corporation shall be transferred by the ,secretary to the special account established by subsection 7d7 of section #caac of title #ca1 ,united ,states ,code1 and shall be used only as provided in such subsection4 7b7 ,prohibition ,the ,secretary of the ,treasury may not enter into any agreement to further alter1 amend1 or change any provision of the ,amended and ,restated ,senior ,preferred ,stock ,purchase ,agreements referred to in subsection 7a7 7as amended through ,august #ag1 #bjab7 that relates to dividend payment dates1 dividend periods1 dividend rates1 or dividend amounts4