Skip to main content
HR 1236 114th Congress House

Fiscal Sanity Act for the National Debt

Official title: Eliminating the debt ceiling for a period defined, and for other purposes.

Introduced: March 4, 2015 See on congress.gov
Economics and Public Finance Budget deficits and national debt
Sign in to write a letter Sign in to watch
This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 4, 2015
Referred to the House Committee on Ways and Means.
Mar 4, 2015
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action March 4, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Fiscal Sanity Act for the National Debt

This bill suspends the public debt limit for the period beginning on the date of enactment of this Act and ending 60 days later. The debt limit, often referred to as the debt ceiling, is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Under current law, the debt limit is suspended through March 15, 2015.

 Related & companion bills 11
  • HR 1235 Related bill Fiscal Sanity Act for the National Debt
  • HR 1237 Related bill Fiscal Sanity Act for the National Debt
  • HR 1238 Related bill Fiscal Sanity Act for the National Debt
  • HR 1239 Related bill Fiscal Sanity Act for the National Debt
  • HR 1240 Related bill Fiscal Sanity Act for the National Debt
  • HR 1241 Related bill Fiscal Sanity Act for the National Debt
  • HR 1242 Related bill Fiscal Sanity Act for the National Debt
  • HR 1243 Related bill Fiscal Sanity Act for the National Debt
  • HR 1244 Related bill Fiscal Sanity Act for the National Debt
  • HR 1245 Related bill Fiscal Sanity Act for the National Debt
  • HR 1246 Related bill Fiscal Sanity Act for the National Debt
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1236: Fiscal Sanity Act for the National Debt. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1236/
MLA
"H.R. 1236: Fiscal Sanity Act for the National Debt." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1236/.
Bluebook (legal)
H.R. 1236, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1236/.
Markdown link
[H.R. 1236: Fiscal Sanity Act for the National Debt](https://openamerica.io/bill/114-HR-1236/)
Report a problem