Senate Bill 1553
116th Congress(2019-2020)
End the Threat of Default Act
Introduced
Introduced in Senate on May 21, 2019
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1553
Congress
116
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No Senate votes have been held for this bill.
Summary
End the Threat of Default Act
This bill repeals the public debt limit, which applies to most debt held by the federal government.
May 21, 2019
02/25/2020
Committee on Banking, Housing, and Urban Affairs. Hearings held.
05/21/2019
Read twice and referred to the Committee on Finance.
05/21/2019
Introduced in Senate
Public Record
Record Updated
Nov 1, 2022 5:47:44 AM