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HR 187 118th Congress House Economics and Public Finance Budget deficits and national debt Congressional oversight Disability assistance Government trust funds Social security and elderly assistance

Default Prevention Act

Introduced: January 9, 2023 Introduced by: McClintock, Tom Republican · California See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 9, 2024
Placed on the Union Calendar, Calendar No. 279.
Jan 9, 2024
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-340.
Mar 9, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 17.
Mar 9, 2023
Committee Consideration and Mark-up Session Held.
Jan 9, 2023
Referred to the House Committee on Ways and Means.
Jan 9, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

Default Prevention Act

This bill requires the Department of the Treasury to continue borrowing to pay the principal and interest on obligations held by the public or the Social Security trust funds if the federal debt limit is reached.

The bill also (1) exempts any obligations issued under this bill from the debt limit if the obligations would otherwise cause the limit to be exceeded, and (2) prohibits the obligations from being used to compensate Members of Congress.

What's happening now January 9, 2024

Placed on the Union Calendar, Calendar No. 279.

 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 4
All 4 Republican 1
Lesko, Debbie
· Mar 10, 2023
Duncan, Jeff
· Jan 9, 2023
Gaetz, Matt
· Jan 9, 2023
 R
Grothman, Glenn
Wisconsin · Jan 9, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 187: Default Prevention Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-187/
MLA
"H.R. 187: Default Prevention Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-187/.
Bluebook (legal)
H.R. 187, 118th Cong. (2026), https://openamerica.io/bill/118-HR-187/.
Markdown link
[H.R. 187: Default Prevention Act](https://openamerica.io/bill/118-HR-187/)
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