HOUSE 187118th CongressReferred to the House Committee on Education and the Workforce.

Supporting the designation of February 2023 as "Hawaiian Language Month" or "'Olelo Hawai'i Month".

Last Action: 2/28/2023

Actions

2024-01-09Placed on the Union Calendar, Calendar No. 279.
2024-01-09Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-340.
2024-01-09Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-340.
2023-03-09Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 17.
2023-03-09Committee Consideration and Mark-up Session Held.
2023-01-09Referred to the House Committee on Ways and Means.
2023-01-09Introduced in House
2023-01-09Introduced in House

CRS Summary

As of 2023-01-09 (00)

Default Prevention Act

This bill requires the Department of the Treasury to continue borrowing to pay the principal and interest on obligations held by the public or the Social Security trust funds if the federal debt limit is reached.

The bill also (1) exempts any obligations issued under this bill from the debt limit if the obligations would otherwise cause the limit to be exceeded, and (2) prohibits the obligations from being used to compensate Members of Congress.

Cosponsors (4)

Jeff Duncan (R-SC)
Glenn Grothman (R-WI)
Matt Gaetz (R-FL)
Debbie Lesko (R-AZ)

Subjects

Budget deficits and national debt
Congressional oversight
Disability assistance
Government trust funds
Social security and elderly assistance

Read on Congress.gov

Sourced from Congress.gov (public domain).

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