Debt Management Act of 2013

Summary

Debt Management Act of 2013 - Requires the Secretary of the Treasury, within 21 to 60 days before any date on which the Secretary anticipates the public debt will reach the current debt limit, to appear before specified congressional committees to provide specified information. (The debt limit was $16.699 trillion before its suspension in the Continuing Appropriations Act, FY2014 [P.L. 113-46].) Requires the Secretary to include in such appearance: a report on the state of the public debt, including (1) its historical trajectory, major drivers of the current debt and their quantities, and debt projections; and (2) how, if the debt limit is raised, the United States will meet existing debt obligations, including principal and interest; a detailed explanation of: (1) any proposal of the President to reduce the structural deficit in the short-term (the following fiscal year), medium-term (approximately 3-5 years), and long-term (approximately 10 years); (2) the impact an increased debt limit will have on future federal spending, service provision, and the status of the U.S. dollar as the international reserve currency; (3) projections of fiscal health and resilience to long-term entitlement program pressures (including Social Security, Medicare, and Medicaid), given the proposed measures to reduce the structural deficit and the amount of increase in the debt limit; and (4) any proposal of the President to reduce the debt-to-gross domestic product (GDP) ratio, based on current trends, with the exclusion of extreme events (i.e. military, economic, and natural catastrophes); and a detailed report on the progress of implementing all such proposals. Declares that this report shall only be delivered if a Secretary has already appeared at least once during any term of office for a particular President.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 November 2013

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 21 November 2013

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 November 2013

   Introduced

   Introduced in House

   Source: IntroReferral

4. 4 December 2013

   Introduced

   Sponsor introductory remarks on measure. (CR E1788)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 November 2013 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 November 2013

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 November 2013

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 21 November 2013

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Marchant, Kenny [R-TX-24] · R · Sponsor
• Rep. Brady, Kevin [R-TX-8] · R · Sponsor
• Rep. Johnson, Sam [R-TX-3] · R · Sponsor
• Rep. Roskam, Peter J. [R-IL-6] · R · Sponsor
• Rep. Boustany, Charles W., Jr. [R-LA-3] · R · Sponsor
• Rep. Tiberi, Patrick J. [R-OH-12] · R · Sponsor
• Rep. Nunes, Devin [R-CA-22] · R · Sponsor
• Rep. Reichert, David G. [R-WA-8] · R · Sponsor
• Rep. Gerlach, Jim [R-PA-6] · R · Sponsor
• Rep. Price, Tom [R-GA-6] · R · Sponsor
• Rep. Jenkins, Lynn [R-KS-2] · R · Sponsor
• Rep. Black, Diane [R-TN-6] · R · Sponsor
• Rep. Schock, Aaron [R-IL-18] · R · Sponsor
• Sen. Young, Todd [R-IN] · R · Sponsor
• Rep. Kelly, Mike [R-PA-16] · R · Sponsor
• Rep. Griffin, Tim [R-AR-2] · R · Sponsor
• James Renacci · R · Sponsor
• Rep. Sessions, Pete [R-TX-17] · R · Sponsor
• Rep. Flores, Bill [R-TX-17] · R · Sponsor
• Rep. Conaway, K. Michael [R-TX-11] · R · Sponsor
• Rep. Thornberry, Mac [R-TX-13] · R · Sponsor
• Rep. Weber, Randy K. Sr. [R-TX-14] · R · Sponsor
• Rep. Farenthold, Blake [R-TX-27] · R · Sponsor
• Rep. Meadows, Mark [R-NC-11] · R · Sponsor
• Sen. Lummis, Cynthia M. [R-WY] · R · Sponsor
• Rep. Petri, Thomas E. [R-WI-6] · R · Sponsor
• Rep. Carter, John R. [R-TX-31] · R · Sponsor
• Rep. Granger, Kay [R-TX-12] · R · Sponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Sponsor
• Rep. McCaul, Michael T. [R-TX-10] · R · Cosponsor
• Rep. Smith, Adrian [R-NE-3] · R · Cosponsor
• Rep. Buchanan, Vern [R-FL-16] · R · Cosponsor
• Rep. Neugebauer, Randy [R-TX-19] · R · Cosponsor
• Rep. Paulsen, Erik [R-MN-3] · R · Cosponsor
• Rep. Burgess, Michael C. [R-TX-26] · R · Cosponsor
• Rep. Reed, Tom [R-NY-23] · R · Cosponsor
• Rep. Poe, Ted [R-TX-2] · R · Cosponsor
• Rep. Williams, Roger [R-TX-25] · R · Cosponsor
• Rep. Hall, Ralph M. [R-TX-4] · R · Cosponsor
• Rep. Smith, Lamar [R-TX-21] · R · Cosponsor
• Rep. Gohmert, Louie [R-TX-1] · R · Cosponsor
• Rep. Barton, Joe [R-TX-6] · R · Cosponsor
• Rep. Olson, Pete [R-TX-22] · R · Cosponsor
• Rep. Hensarling, Jeb [R-TX-5] · R · Cosponsor
• Rep. Long, Billy [R-MO-7] · R · Cosponsor
• Rep. Foxx, Virginia [R-NC-5] · R · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.