S 5480 · 118th Congress · Economics and Public Finance
End the Threat of Default Act of 2024
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2024-12-11)
Plain Language Summary
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End the Threat of Default Act of 2024 This bill repeals the statutory debt limit. (The debt limit is the amount of money that the Department of the Treasury may borrow to fund federal operations.)…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (16)
15 Democrats1 Independent