H.R. 8242 · 117th Congress
National Debt is National Security Act
- Stage
- In committee
- Sponsor
- C. Franklin
- Introduced
- 2022-06-28
- Latest action
- 2022-06-28 · Introduced in House
Summary
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.