S 1190
118th Congress
Senate
Economics and Public Finance
Budget deficits and national debt
End the Threat of Default Act
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
Plain-English summary
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
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1