Yesterday Congressman Michael C. Burgess, M.D. (R-Texas) introduced H.R. 4315, the United States War Bonds Act of 2009, which authorizes the issuance of United States War Bonds to aid in the operations in Iraq and Afghanistan.

“Our brave men and women in uniform and their families have given the ultimate sacrifice to defend and protect our country, and war bonds are a way for Americans to show support for our soldiers and their mission,” Burgess said. “So many times I am asked, ‘how can I, as an average American, express my support for our nation’s service members fighting abroad?’ War bonds send a strong message to those fighting to preserve freedom that they have our unwavering and steadfast backing.”

During World War II, more than 85 million Americans, roughly half the population then, purchased war bonds totaling $185.7 billion, and Burgess’ bill hopes to mirror the same successes that were experienced with war bonds back then. H.R. 4315 authorizes the Treasury Secretary to issue and sell war bonds to fund operations in Iraq, Afghanistan, and other military operations abroad identified by the Secretary of Defense as being part of the international conflicts against terrorism.

War bonds are also an alternative to increasing taxes or borrowing from future generations to fund current war efforts.

“War bonds were a successful source of revenue during World War II and allowed American citizens to affirmatively support our troops and the effort,” Burgess said. “War bonds are also fiscally responsible and a smart way to invest money during a time of economic downturn.”


Congressman Michael C. Burgess, M.D., is a member of the House Energy and Commerce Committee and three of its subcommittees: Health, Energy & Environment, and Oversight & Investigations. He is also a member of the bipartisan, bicameral Joint Economic Committee. Prior to becoming a member of Congress in 2002, Congressman Burgess practiced medicine in North Texas for over 25 years.