118th Congress · HOUSE BILLBILL

H.R. 3157Protecting American Benefits Act

To authorize the Secretary of the Treasury to issue obligations to make Medicare and Social Security payments, veterans disability benefits, and military benefits, despite the debt limit being reached.

Health
Introduced May 9, 2023
Last action May 9, 2023
Pipeline · Bill → Law
Step 1
Introduced
May 9, 2023
Step 2
Referred
May 9, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill authorizes payments for Medicare, Social Security, veteran death or disability benefits, and members of the Armed Forces to be made even if the debt limit is reached. Such payments may not be taken into consideration for purposes of calculating the debt limit until after the debt limit has already been increased.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
May 9, 2023
Introduced in House
May 9, 2023
Referred to the House Committee on Ways and Means.