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H.R. 2870 — End the Threat of Default Act | PoliFocus

H.R. 2870116th Congress

End the Threat of Default Act

To repeal the debt ceiling, and for other purposes.

Sponsors

Rep. Foster, Bill [D-IL-11]

Subjects

Economics and Public Finance

Summary

End the Threat of Default Act

This bill repeals the public debt limit, which applies to most debt held by the federal government.

Full Text

Related Legislation

S. 1553End the Threat of Default Act
2020-02-25Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-427.
Related

Legislative Actions

2019-05-21
Introduced in House
2019-05-21
Introduced in House
2019-05-21
Referred to the House Committee on Ways and Means.

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