HR 2931
112th Congress
House
Economics and Public Finance
Budget deficits and national debt
Full Faith and Credit Act of 2011
Introduced: September 14, 2011
Introduced by:
Nadler, Jerrold
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 14, 2011
Referred to the House Committee on Ways and Means.
Sep 14, 2011
Introduced in House
Plain-English summary
Full Faith and Credit Act of 2011 - Repeals public debt limit requirements. Limits the issuance of obligations for the public debt only to fund commitments incurred by the federal government that require current funding. (Thus eliminates the statutory cap on the public debt.)
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1