HR 3953 · 118th Congress · Economics and Public Finance

Debt Ceiling Reform Act

Introduced 2023-06-09· 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.(2023-06-09)

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 a joint resolution of disapproval regarding the additional debt is enacted into law. The bill also requires Congress to consider the joint resolution using specified expedited legislative procedures. …

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

Cosponsors (20)

20 Democrats
Rep. Barragan, Nanette Diaz [D-CA-44]CA
Rep. Lee, Barbara [D-CA-12]CA
Rep. Davis, Danny K. [D-IL-7]IL
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Larson, John B. [D-CT-1]CT
Rep. Williams, Nikema [D-GA-5]GA
Rep. Carter, Troy [D-LA-2]LA
Rep. Tlaib, Rashida [D-MI-12]MI
Rep. Landsman, Greg [D-OH-1]OH
Rep. McCollum, Betty [D-MN-4]MN
Rep. Lofgren, Zoe [D-CA-18]CA
Rep. Gomez, Jimmy [D-CA-34]CA
Rep. Deluzio, Christopher R. [D-PA-17]PA
Rep. Himes, James A. [D-CT-4]CT
Rep. Frost, Maxwell [D-FL-10]FL
Rep. Sherman, Brad [D-CA-32]CA
Rep. Brownley, Julia [D-CA-26]CA
Rep. Connolly, Gerald E. [D-VA-11]VA
Rep. Ivey, Glenn [D-MD-4]MD
Rep. Ruppersberger, C. A. Dutch [D-MD-2]MD