118th Congress · SENATE BILLBILL

S. 213 — Keep Our Promises Act

“A bill to authorize the Secretary of the Treasury to issue obligations to make Medicare and Social Security payments, despite the debt limit being reached.”

Health

Introduced Feb 1, 2023

Last action Feb 1, 2023

Pipeline · Bill → Law

Step 1

Introduced

Feb 1, 2023

Step 2

Referred

Feb 1, 2023

Finance

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill authorizes Medicare and Social Security payments to be made in full even if the federal debt limit is reached. Such payments do not count against the debt limit until after the debt limit has been raised by authorizing legislation.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Feb 1, 2023

Introduced in Senate

Feb 1, 2023

Read twice and referred to the Committee on Finance.