S. 5480 · 118th Congress
End the Threat of Default Act of 2024
- Stage
- In committee
- Sponsor
- Brian Schatz
- Introduced
- 2024-12-11
- Latest action
- 2024-12-11 · Introduced in Senate
Summary
End the Threat of Default Act of 2024
This bill repeals the statutory debt limit. (The debt limit is the amount of money that the Department of the Treasury may borrow to fund federal operations.)