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United States · Bill · S

S. 1553 (116th)

End the Threat of Default Act

openUnited States· United States Congress· EN

Introduced

21 May 2019

Last action

25 February 2020 · Committee

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-427.

Sponsors

Brian Schatz, Michael Bennet, Sheldon Whitehouse, Patty Murray, Chris Van Hollen, Ron Wyden

Subjects

Discovery layer

Source updated

5 December 2025

Summary

End the Threat of Default Act This bill repeals the public debt limit, which applies to most debt held by the federal government.

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

Timeline

  1. 21 May 2019

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 21 May 2019

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 25 February 2020

    Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-427.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

Sponsors

Related records

Sources

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