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118th Congress Economics and Public Finance

H.R. 3953: Debt Ceiling Reform Act

Introduced

  1. Introduced (completed)Jun 9, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jun 9, 2023

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.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

55

Who scored on this bill

12 points earned
  1. 1Brendan Boyle D-PA SponsorReached a cosponsor milestone, introduced3 events+12
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Brendan Boyle

History

  1. Jun 9, 2023Introduced in the House by Brendan Boyle.
Show the full action history (2 actions)
  1. Jun 9, 2023Introduced in House
  2. Jun 9, 2023Referred 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.