An amendment numbered 5 printed in Part A of House Report 114-420 to require the Secretary of the Treasury to notify Congress whether it is able to pay only principal and interest on the national debt, as opposed to other obligations, in the event that the debt limit is reached.

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Amendment Number
938
Description
An amendment numbered 5 printed in Part A of House Report 114-420 to require the Secretary of the Treasury to notify Congress whether it is able to pay only principal and interest on the national debt, as opposed to other obligations, in the event that the debt limit is reached.
Purpose
Amendment requires the Secretary of the Treasury to notify Congress whether it is able to pay only principal and interest on the national debt, as opposed to other obligations, in the event that the debt limit is reached.
Congress
114
Type
HAMDT
Latest Action Date
Feb 11, 2016
Latest Action Text
On agreeing to the Duffy amendment (A005) Agreed to by recorded vote: 240 - 176 (Roll no. 72).
Latest Action Time
16:11:09
Submitted Date
Feb 11, 2016
Chamber
House of Representatives
Update Date
Dec 15, 2020
Amendment 938 — Informed