S. 5480 · 118th Congress · Senate

End the Threat of Default Act of 2024

Active· Read twice and referred to the Committee on Finance.
Introduced
Dec 11, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

End the Threat of Default Act of 2024

This bill repeals the statutory debt limit. (The debt limit is the amount of money that the Department of the Treasury may borrow to fund federal operations.)

Action Timeline

2
  1. DEC 11, 2024•IntroReferral

    Introduced in Senate

  2. DEC 11, 2024•IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Dec 11, 2024

Active