S 1882 · 118th Congress
Debt Ceiling Reform Act
<p><strong>Debt Ceiling Reform Act</strong></p><p>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 Co…
- Sponsor
- Durbin, Richard J. (D-IL)
- Introduced
- 2023-06-08
- Policy area
- Economics and Public Finance
- Latest action
- Read twice and referred to the Committee on Finance. (text: CR S2031-2032)
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