My Proposal: Set a 3% limit on credit card interest for the next six months. If a credit card company complains, nationalize it. Use the six months to set up a debt-forgiveness plan that works for middle and low income earners. At the end of six months, consider lifting the limit incrementally.

Get spending power into the hands of common people and ease the cash-crunch anxiety immediately, without any stupid one time payments that will be too late, won't be large enough to help, and require the entire legislative branch to agree.