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Bill116th CongressFiled May 21, 2019Economics and Public Finance
S. 1553

End the Threat of Default Act

Bill journey · stage 1 of 5

Just introduced

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What it doesSummary introduced in senate (May 21, 2019)

End the Threat of Default Act

This bill repeals the public debt limit, which applies to most debt held by the federal government.

What just happenedFeb 25, 2020

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Who’s behind it

Sen. Schatz, Brian [D-HI](D-HI)Sponsor
5 cosponsors5 D
Read on Congress.gov
5cosponsors2committees3actions1related bills1subjects
  1. Feb 25, 2020Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

    Banking, Housing, and Urban Affairs Committee
  2. May 21, 2019IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  3. May 21, 2019IntroReferral10000

    Introduced in Senate

End the Threat of Default Act — Informed