H.R. 1237 · 114th Congress
Fiscal Sanity Act for the National Debt
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GraysonSponsorNo cosponsors.
This bill suspends the public debt limit for the period beginning on the date of enactment of this Act and ending 90 days later. The debt limit, often referred to as the debt ceiling, is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies.
What it does: CRS summary · Introduced in House · Mar 4, 2015
Fiscal Sanity Act for the National Debt
This bill suspends the public debt limit for the period beginning on the date of enactment of this Act and ending 90 days later. The debt limit, often referred to as the debt ceiling, is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Under current law, the debt limit is suspended through March 15, 2015.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fiscal Sanity Act for the National Debt
Latest action (Mar 4, 2015): Referred to the House Committee on Ways and Means.
Policy area: Economics and Public Finance · Origin: House · Introduced: Mar 4, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.