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United States · Bill · S

S. 1882 (118th)

Debt Ceiling Reform Act

referredUnited States· United States Congress· EN

Introduced

8 June 2023

Last action

8 June 2023 · Introduced

Status

Read twice and referred to the Committee on Finance. (text: CR S2031-2032)

Sponsors

Sen. Durbin, Richard J. [D-IL]

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Debt Ceiling Reform Act This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless a joint resolution of disapproval regarding the additional debt is enacted into law. The bill also requires Congress to consider the joint resolution using specified expedited legislative procedures. 

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

Timeline

  1. 8 June 2023

    Introduced

    Read twice and referred to the Committee on Finance. (text: CR S2031-2032)

    Source: IntroReferral

  2. 8 June 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 8 June 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 8 June 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 8 June 2023

    Open at official source

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Sponsors

Related records

Sources

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