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H.R. 8242

National Debt is National Security Act

National Debt is National Security Act

This bill establishes limits on the amount of public debt that may be held by foreign governments, entities, and individuals.

The bill allows the President to waive the limits if the President determines and reports to Congress that an important national interest requires the waiver.

Referred to the House Committee on Ways and Means.

Rep. Franklin, C. Scott [R-FL-15](R-FL)Sponsor
9 cosponsors9 R
9cosponsors1committees3actions1related bills
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    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

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National Debt is National Security Act — Informed