S 3801
117th Congress
Senate
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
Mar 10, 2022
Read twice and referred to the Committee on Finance.
Mar 10, 2022
Introduced in Senate
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1