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S.1553 - End the Threat of Default Act116th Congress (2019-2020)

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Sponsor: Sen. Schatz, Brian [D-HI] (Introduced 05/21/2019)
Committees: Senate - Finance
Committee Meetings: 02/25/20 10:00AM
Latest Action: Senate - 02/25/2020 Committee on Banking, Housing, and Urban Affairs. Hearings held.  (All Actions)

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This bill has the status Introduced

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Summary: S.1553 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for S.1553. Bill summaries are authored by CRS.

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Introduced in Senate (05/21/2019)

End the Threat of Default Act

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