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S 1190 118th Congress Senate Economics and Public Finance Budget deficits and national debt

End the Threat of Default Act

Introduced: April 19, 2023 Introduced by: Schatz, Brian Democratic · Hawaii 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2023
Read twice and referred to the Committee on Finance.
Apr 19, 2023
Introduced in Senate
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 Plain-English summary Congressional Research Service

End the Threat of Default Act

This bill repeals the statutory debt limit, which limits the amount of money that the federal government may borrow.

What's happening now April 19, 2023

Read twice and referred to the Committee on Finance.

 Related & companion bills 2
  • S 5480 Related bill End the Threat of Default Act of 2024
  • HR 415 Identical bill End the Threat of Default Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 16
All 16 Democratic 16
D
Reed, Jack
Rhode Island · Jun 8, 2023
 D
Blumenthal, Richard
Connecticut · Jun 1, 2023
 D
Welch, Peter
Vermont · May 30, 2023
 D
Fetterman, John
Pennsylvania · May 18, 2023
 D
Shaheen, Jeanne
New Hampshire · May 17, 2023
 D
Bennet, Michael F.
Colorado · Apr 19, 2023
 D
Durbin, Richard J.
Illinois · Apr 19, 2023
 D
Heinrich, Martin
New Mexico · Apr 19, 2023
 D
Hirono, Mazie K.
Hawaii · Apr 19, 2023
 D
Luján, Ben Ray
New Mexico · Apr 19, 2023
 D
Markey, Edward J.
Massachusetts · Apr 19, 2023
 D
Murphy, Christopher
Connecticut · Apr 19, 2023
 D
Smith, Tina
Minnesota · Apr 19, 2023
 D
Van Hollen, Chris
Maryland · Apr 19, 2023
 D
Warren, Elizabeth
Massachusetts · Apr 19, 2023
 D
Whitehouse, Sheldon
Rhode Island · Apr 19, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1190: End the Threat of Default Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-1190/
MLA
"S. 1190: End the Threat of Default Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-1190/.
Bluebook (legal)
S. 1190, 118th Cong. (2026), https://openamerica.io/bill/118-S-1190/.
Markdown link
[S. 1190: End the Threat of Default Act](https://openamerica.io/bill/118-S-1190/)
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