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Bill117th CongressFiled May 20, 2021Economics and Public Finance
S. 1785

End the Threat of Default Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in senate (May 20, 2021)

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 happenedMay 20, 2021

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Schatz, Brian [D-HI](D-HI)Sponsor
7 cosponsors7 D
Read on Congress.gov
7cosponsors1committees2actions1related bills1subjects
  1. May 20, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. May 20, 2021IntroReferral10000

    Introduced in Senate

End the Threat of Default Act — Informed