A bill to establish limitations on the amount of debt issued by the United States which may be held by foreign governments, entities, and individuals.
National Debt is National Security Act
This bill establishes limits on the amount of public debt that may be held by foreign governments, entities, and individuals.
The bill allows the President to waive the limits if the President determines and reports to Congress that an important national interest requires the waiver.
Referred to the House Committee on Ways and Means.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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