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S 1553 116th Congress Senate Economics and Public Finance Budget deficits and national debt

End the Threat of Default Act

Introduced: May 21, 2019 Introduced by: Schatz, Brian Democratic · Hawaii See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2020
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-427.
May 21, 2019
Read twice and referred to the Committee on Finance.
May 21, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

End the Threat of Default Act

This bill repeals the public debt limit, which applies to most debt held by the federal government.

What's happening now February 25, 2020

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-427.

 Committees of jurisdiction 2