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United States · Bill · S

S. 2181 (114th)

Default Prevention Act

openUnited States· United States Congress· EN

Introduced

19 October 2015

Last action

Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273.

Sponsors

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Default Prevention Act This bill requires the following obligations to be granted priority over all other U.S. obligations if the public debt reaches the statutory limit: principal and interest on debt held by the public; compensations, allowances, and benefits for members of the Armed Forces on active duty; Social Security benefits; and Medicare benefits.

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Documents

3 official files

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Sources

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