Pipeline · Bill → Law
Step 1
Introduced
Jun 8, 2023
Step 2
Referred
Jun 8, 2023
Finance
Step 3
Committee
Step 4
Senate
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless a joint resolution of disapproval regarding the additional debt is enacted into law. The bill also requires Congress to consider the joint resolution using specified expedited legislative procedures.
Timeline · 2 actions
Jun 8, 2023
Introduced in Senate
Jun 8, 2023
Read twice and referred to the Committee on Finance.