Foreign-Held Debt Transparency and Threat Assessment Act

Summary

Foreign-Held Debt Transparency and Threat Assessment Act - Expresses the sense of Congress about the growing federal debt of the United States, the increasing U.S. dependence on foreign creditors like its largest foreign creditor, the People's Republic of China, whose holdings could give China a tool with which to manipulate U.S. policymaking (including with respect to Taiwan) and pose a direct threat to the national economy and national security. Directs the President to report quarterly to certain congressional committees on the risks posed by foreign holdings of U.S. debt instruments, and make such report public on the Internet. Directs the Comptroller General to report annually to certain congressional committees on such risks. Directs the President to formulate, report to the appropriate congressional committees, and implement a plan of action to reduce an unsustainable level of risk to an acceptable and sustainable level, in a manner that results in a reduction in federal spending, in any case in which the President or the Comptroller General makes specified determinations that a foreign country's holdings of U.S. debt instruments pose an unacceptable risk to long-term national security or economic stability, or that the levels of risk posed by the federal debt are unsustainable.

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

Timeline

1. 18 May 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 18 May 2010

   Introduced

   Sponsor introductory remarks on measure. (CR H3546-3547)

   Source: IntroReferral

3. 18 May 2010

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 May 2010

   Introduced

   Introduced in House

   Source: IntroReferral

5. 21 May 2010

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 May 2010 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 May 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 May 2010

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 18 May 2010

  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. Johnson, Sam [R-TX-3] · R · Sponsor
• Rep. Culberson, John Abney [R-TX-7] · R · Cosponsor
• Rep. Wilson, Joe [R-SC-2] · R · Cosponsor
• Rep. Gohmert, Louie [R-TX-1] · R · Cosponsor
• Rep. King, Steve [R-IA-4] · R · Cosponsor
• Rep. Kingston, Jack [R-GA-1] · R · Cosponsor
• Rep. Gingrey, Phil [R-GA-11] · R · Cosponsor
• Rep. Davis, Geoff [R-KY-4] · R · Cosponsor
• Rep. Bachmann, Michele [R-MN-6] · R · Cosponsor
• Rep. Chaffetz, Jason [R-UT-3] · R · Cosponsor
• Rep. Schmidt, Jean [R-OH-2] · R · Cosponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
• Rep. Latta, Robert E. [R-OH-5] · R · Cosponsor
• Rep. Herger, Wally [R-CA-2] · R · Cosponsor
• Rep. Lungren, Daniel E. [R-CA-3] · R · Cosponsor
• Rep. Bishop, Rob [R-UT-1] · R · Cosponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
• Rep. Lamborn, Doug [R-CO-5] · R · Cosponsor
• Rep. Inglis, Bob [R-SC-4] · R · Cosponsor
• Rep. Olson, Pete [R-TX-22] · R · Cosponsor
• Rep. Forbes, J. Randy [R-VA-4] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← Foreign-Held Debt Transparency and Threat Assessment Act