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United States · Bill · HR

H.R. 746 (109th)

Foreign Debt Ceiling Act of 2005

referredUnited States· United States Congress· EN

Introduced

10 February 2005

Last action

3 March 2005 · Referred

Status

Referred to the Subcommittee on Trade.

Sponsors

Sen. Cardin, Benjamin L. [D-MD], Rep. Rangel, Charles B. [D-NY-15], Rep. Levin, Sander M. [D-MI-12], Rep. McDermott, Jim [D-WA-7], Rep. Lewis, John [D-GA-5], Rep. Jefferson, William J. [D-LA-2], Rep. Becerra, Xavier [D-CA-34], Rep. Larson, John B. [D-CT-1], Rep. Neal, Richard E. [D-MA-1], Rep. Emanuel, Rahm [D-IL-5], Rep. Jones, Stephanie Tubbs [D-OH-11]

Subjects

Discovery layer

Source updated

15 August 2025

Summary

Foreign Debt Ceiling Act of 2005 - Requires the U.S. Trade Representative (USTR), every three months, to determine if: (1) the net U.S. foreign debt for the preceding 12-month period is more than 25 percent of the U.S. Gross Domestic Product (GDP) for the same period; or (2) the U.S. trade deficit for such period is more than five percent of the GDP for the same period. Requires the USTR, whenever an affirmative determination is made, to: (1) convene an emergency meeting of the Trade Policy Review Group to develop a plan of action to reduce the U.S. trade deficit; and (2) report to Congress on the details of the plan.

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

Timeline

  1. 10 February 2005

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 10 February 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 February 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 3 March 2005

    Referred

    Referred to the Subcommittee on Trade.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Leesvertaling

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  • Introduced in House (text)

    Introduced in House · EN · 10 February 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 10 February 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 10 February 2005

    Open at official source

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Sponsors

Related records

Sources

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