S. 1553 · 116th Congress
End the Threat of Default Act
- Stage
- In committee
- Sponsor
- Brian Schatz
- Introduced
- 2019-05-21
- Latest action
- 2020-02-25 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
Summary
End the Threat of Default Act
This bill repeals the public debt limit, which applies to most debt held by the federal government.