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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Default Prevention Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to provide guidance and priorities for Federal Government obligations in the event that the debt limit is reached.

Actions Overview (1)

Date Actions Overview
10/19/2015Introduced in Senate

All Actions (2)

Date All Actions
10/20/2015Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273.
Action By: Senate
10/19/2015Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Action By: Senate

Cosponsors (0)

No cosponsors.

Committees (0)

As of 06/19/2021 text has not been received for S.2181 - Default Prevention Act

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Subjects (5)

Latest Summary (1)

There is one summary for S.2181. View summaries

Shown Here:
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.