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
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: 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