HR 6724 · 117th Congress · Economics and Public Finance

Debt Ceiling Reform Act

Introduced 2022-02-15· Sponsored by Rep. Boyle, Brendan F. [D-PA-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2022-02-15)

Plain Language Summary

[AI summary unavailable — showing source text] Debt Ceiling Reform Act This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless Congress passes a joint resolution of disapproval regarding the additional debt, and the joint resolution becomes law.…

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

Cosponsors (1)

1 Democrat
Rep. Yarmuth, John A. [D-KY-3]KY