118th Congress Economics and Public Finance
S. 1395: To temporarily suspend the debt limit through December 31, 2024
A bill to temporarily suspend the debt limit through December 31, 2024.
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill suspends the federal debt limit through December 31, 2024, and increases the limit on January 1, 2025, to accommodate the obligations issued during the suspension period.
The adjustments to the debt limit for obligations issued during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before January 1, 2025.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Patty Murray D-WAOriginal
- Ron Wyden D-OROriginal
- Sheldon Whitehouse D-RIOriginal
Who scored on this bill
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Other bills by Charles Schumer
History
- Introduced in the Senate by Charles Schumer.
Show the full action history (3 actions)
- Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.
- Introduced in Senate
- Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text: CR S1443)