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S. 3801 · 117th Congress

National Debt is National Security 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.

JER ErnstSponsor
2 cosponsors · 2 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill establishes limits on the amount of public debt that may be held by foreign governments, entities, and individuals.

What it does: CRS summary · Introduced in Senate · Mar 10, 2022

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.

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

About this bill and sources

Official title: National Debt is National Security Act

Latest action (Mar 10, 2022): Read twice and referred to the Committee on Finance.

Policy area: Economics and Public Finance · Origin: Senate · Introduced: Mar 10, 2022

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

No recorded floor vote found.