Debt Ceiling Reform Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 15, 2022)
Debt Ceiling Reform Act
This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless Congress passes a joint resolution of disapproval regarding the additional debt, and the joint resolution becomes law.
What just happenedFeb 15, 2022
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseFeb 15, 2022
- Feb 15, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Rules Committee - Feb 15, 2022IntroReferralH11100
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Ways and Means Committee - Feb 15, 2022IntroReferralIntro-H
Introduced in House
- Feb 15, 2022IntroReferral1000
Introduced in House