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S. 3801 117th Congress Senate

National Debt is National Security Act

Official title: A bill to establish limitations on the amount of debt issued by the United States which may be held by foreign governments, entities, and individuals.

Introduced: March 10, 2022 Introduced by: Joni Ernst Republican · Iowa See on congress.gov
Economics and Public Finance
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) 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 10, 2022
Read twice and referred to the Committee on Finance.
Mar 10, 2022
Introduced in Senate
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 Latest action March 10, 2022

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
  • HR 8242 National Debt is National Security Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Cassidy, Bill
Louisiana · Mar 10, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3801: National Debt is National Security Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3801/
MLA
"S. 3801: National Debt is National Security Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3801/.
Bluebook (legal)
S. 3801, 117th Cong. (2026), https://openamerica.io/bill/117-S-3801/.
Markdown link
[S. 3801: National Debt is National Security Act](https://openamerica.io/bill/117-S-3801/)
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