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H.R. 5415 · 117th Congress

Debt Ceiling Reform Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill authorizes the Secretary of the Treasury to increase the public debt limit. Under current law, the debt limit restricts the amount of funds that the Department of the Treasury may borrow to fund the federal government.

What it does: CRS summary · Introduced in House · Sep 29, 2021

Debt Ceiling Reform Act

This bill authorizes the Secretary of the Treasury to increase the public debt limit. Under current law, the debt limit restricts the amount of funds that the Department of the Treasury may borrow to fund the federal government.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Debt Ceiling Reform Act

Latest action (Sep 29, 2021): Referred to the House Committee on Ways and Means.

Policy area: Economics and Public Finance · Origin: House · Introduced: Sep 29, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.