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S 1785 117th Congress Senate Economics and Public Finance Budget deficits and national debt

End the Threat of Default Act

Introduced: May 20, 2021 Introduced by: Schatz, Brian Democratic · Hawaii See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2021
Read twice and referred to the Committee on Finance.
May 20, 2021
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 May 20, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1