Summary: H.R.2931 — 112th Congress (2011-2012)All Information (Except Text)

There is one summary for H.R.2931. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/14/2011)

Full Faith and Credit Act of 2011 - Repeals public debt limit requirements.  Limits the issuance of obligations for the public debt only to fund commitments incurred by the federal government that require current funding. (Thus eliminates the statutory cap on the public debt.)