HR 8242
117th Congress
House
Economics and Public Finance
National Debt is National Security Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 28, 2022
Referred to the House Committee on Ways and Means.
Jun 28, 2022
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1