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United States · Bill · HR

H.R. 1244 (114th)

Fiscal Sanity Act for the National Debt

referredUnited States· United States Congress· EN

Introduced

4 March 2015

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

6 December 2025

Summary

Fiscal Sanity Act for the National Debt This bill suspends the public debt limit for the period beginning on the date of enactment of this Act and ending 300 days later. The debt limit, often referred to as the debt ceiling, is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Under current law, the debt limit is suspended through March 15, 2015.

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Documents

3 official files

Introduced in House (text)

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