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S. 1190 · 118th Congress

End the Threat of Default 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 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill repeals the statutory debt limit, which limits the amount of money that the federal government may borrow.

What it does: CRS summary · Introduced in Senate · Apr 19, 2023

End the Threat of Default Act

This bill repeals the statutory debt limit, which limits the amount of money that the federal government may borrow.

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

About this bill and sources

Official title: End the Threat of Default Act

Latest action (Apr 19, 2023): Read twice and referred to the Committee on Finance.

Policy area: Economics and Public Finance · Origin: Senate · Introduced: Apr 19, 2023

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

No recorded floor vote found.