United States · Bill · HR
H.R. 187 (118th)
Default Prevention Act
Introduced
9 January 2023
Last action
—
Status
Placed on the Union Calendar, Calendar No. 279.
Sponsors
—
Subjects
Discovery layer
Source updated
27 May 2025
Summary
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.
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Votes
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Versions
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Documents
5 official files
Reported in House (text)
Reported in House (text)
Reported in House · EN · 9 January 2024
Reported in House (PDF)
Reported in House · EN · 9 January 2024
Introduced in House (text)
Introduced in House · EN · 9 January 2023
Introduced in House (PDF)
Introduced in House · EN · 9 January 2023
Introduced in House
summary · EN · 9 January 2023
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/118th-congress/house-bill/187
- Open data entity: https://api.congress.gov/v3/bill/118/hr/187