HR 247 · 113th Congress · Economics and Public Finance

Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act

Introduced 2013-01-14· Sponsored by Rep. Schweikert, David [R-AZ-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2013-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act - Requires the following to take equal priority over all other federally incurred obligations in the event that the public debt reaches the statutory limit: (1) the authority of the Department of the Treasury to pay with legal tender the principal and interest on debt held by the public; (2) the authority of the Commissioner of Social Security to pay monthly Old Age, Survivors and Disability Insurance benefits under title II of the Social Security Act; and (3) the payment of pay and allowances for members of the Armed Forces on active duty.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (5)

5 Republicans