All Information (Except Text) for S.2181 - Default Prevention Act114th Congress (2015-2016)
|Sponsor:||Sen. Paul, Rand [R-KY] (Introduced 10/19/2015)|
|Latest Action:||Senate - 10/20/2015 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273. (All Actions)|
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Actions Overview (1)
|10/19/2015||Introduced in Senate|
All Actions (2)
|10/20/2015||Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273.|
Action By: Senate
|10/19/2015||Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.|
Action By: Senate
As of 06/19/2021 text has not been received for S.2181 - Default Prevention Act
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Latest Summary (1)
Introduced in Senate (10/19/2015)
Default Prevention Act
This bill requires the following obligations to be granted priority over all other U.S. obligations if the public debt reaches the statutory limit:
- principal and interest on debt held by the public;
- compensations, allowances, and benefits for members of the Armed Forces on active duty;
- Social Security benefits; and
- Medicare benefits.