To require the Secretary of the Treasury to issue a report containing information on extraordinary measures available when the debt of the United States Government approaches the statutory limit, and for other purposes.
Default Prevention Act This bill requires the Department of the Treasury to continue borrowing to pay the principal and interest on obligations held by the public or the Social Security trust funds if the federal debt limit is reached. The bill also (1) exempts any obligations issued under this bill from the debt limit if the obligations would otherwise cause the limit to be exceeded, and (2) prohibits the obligations from being used to compensate Members of Congress.
DEBT Act Debt Explanation Before Taxwriters Act
Extraordinary Measures Transparency Act
End the Threat of Default Act This bill repeals the statutory debt limit, which limits the amount of money that the federal government may borrow.
Full Faith and Credit Act This bill requires the Department of the Treasury to prioritize certain obligations if the federal debt limit is reached and provides for a limited increase in the debt limit to fund these priorities. If the federal government reaches the debt limit, the following obligations must be given equal priority over all other federal obligations: the principal and interest on the debt held by the public; Social Security benefits; pay and allowances for members of the Armed Forces on active duty and members of the U.S. Coast Guard; compensation, pensions, and payments for medical services provided by the Department of Veterans Affairs, and the Medicare programs. If the debt limit has been reached and incoming revenue will be insufficient to pay the priority obligations over an upcoming two-week period, the bill requires (1) Treasury to notify Congress of the expected revenue shortfall for the two-week period, and (2) the debt limit to be increased by the amount of the expected shortfall. If the incoming revenue exceeds the expected shortfall, the excess revenue must be held in reserve and applied to the following two-week period.
A bill to authorize the Secretary of the Treasury to make payments to the Quapaw Nation and certain members of the Quapaw Nation in accordance with the recommendation of the United States Court of Federal Claims, and for other purposes.
To authorize the Secretary of the Treasury to make payments to the Quapaw Nation and certain members of the Quapaw Nation in accordance with the recommendation of the United States Court of Federal Claims, and for other purposes.
One Bill, One Subject Transparency Act This bill requires each bill or joint resolution to include no more than one subject and the subject to be clearly and descriptively expressed in the measure's title. An appropriations bill may not contain any general legislation or change to existing law that is not germane to the subject of such bill. The bill voids measures or provisions noncompliant with these requirements, including appropriation provisions outside the relevant subcommittee's jurisdiction. Additionally, a person (individual or entity) who is aggrieved by the enforcement, or the attempted enforcement, of a law that passed without complying with this bill's requirements may sue the United States for appropriate relief.
Expressing the sense of the House of Representatives that Congress should take all appropriate measures to ensure that the United States Postal Service remains an independent establishment of the Federal Government and is not subject to privatization.