Politiparty
Politiparty

118th Congress Economics and Public Finance

S. 5480: End the Threat of Default Act of 2024

Introduced

  1. Introduced (completed)Dec 11, 2024
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Dec 11, 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.)

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

16

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Brian Schatz D-HI SponsorDrew cross-party cosponsors, introduced2 events+6
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Brian Schatz

History

  1. Dec 11, 2024Introduced in the Senate by Brian Schatz.
Show the full action history (2 actions)
  1. Dec 11, 2024Introduced in Senate
  2. Dec 11, 2024Read twice and referred to the Committee on Finance.