S 5480 · 118th Congress

End the Threat of Default Act of 2024

<p><strong>End the Threat of Default Act of 2024</strong></p><p>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.)</p>

Sponsor

Schatz, Brian (D-HI)

Introduced

2024-12-11

Policy area

Economics and Public Finance

Latest action

Read twice and referred to the Committee on Finance.