S 1420 · 112th Congress 2011–2013, ended

A bill to require that the United States Government prioritize all obligations on the debt held by the public, Social Security benefits, and military pay in the event that the debt limit is reached, and for other purposes.

Introduced Jul 26, 2011 Originated Senate Sponsor Patrick J. Toomey R-PA

Fact sheet Spreadsheet

Latest action · Jul 27, 2011 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 112.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJul 26, 2011
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act - Requires the following to take equal priority over all other federally incurred obligations in the event that the public debt reaches the statutory limit: (1) the authority of the Department of the Treasury to pay with legal tender the principal and interest on debt held by the public; (2) the authority of the Commissioner of Social Security to pay monthly Old Age, Survivors and Disability Insurance benefits under title II of the Social Security Act; and (3) the payment of pay and allowances for members of the Armed Forces on active duty.

Cosponsors 33

Members who signed on, in the order they did. Signatures ran from Jul 26, 2011 to Aug 2, 2011; 32 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-TNBob CorkerOriginalJul 26, 2011
R-IAChuck GrassleyOriginalJul 26, 2011
R-INDaniel CoatsOriginalJul 26, 2011
R-LADavid VitterOriginalJul 26, 2011
R-NVDean HellerOriginalJul 26, 2011
R-IDJames E. RischOriginalJul 26, 2011
R-OKJames M. InhofeOriginalJul 26, 2011
R-KSJerry MoranOriginalJul 26, 2011
R-SCJim DeMintOriginalJul 26, 2011
R-WYJohn BarrassoOriginalJul 26, 2011
R-ARJohn BoozmanOriginalJul 26, 2011
R-TXJohn CornynOriginalJul 26, 2011
R-NDJohn HoevenOriginalJul 26, 2011
R-GAJohnny IsaksonOriginalJul 26, 2011
R-TXKay Bailey HutchisonOriginalJul 26, 2011
R-NHKelly AyotteOriginalJul 26, 2011
R-SCLindsey GrahamOriginalJul 26, 2011
R-FLMarco RubioOriginalJul 26, 2011
R-ILMark KirkOriginalJul 26, 2011
R-WYMichael B. EnziOriginalJul 26, 2011
R-IDMike CrapoOriginalJul 26, 2011
R-NEMike JohannsOriginalJul 26, 2011
R-UTMike LeeOriginalJul 26, 2011
R-UTOrrin G. HatchOriginalJul 26, 2011
R-KSPat RobertsOriginalJul 26, 2011
R-KYRand PaulOriginalJul 26, 2011
R-INRichard G. LugarOriginalJul 26, 2011
R-MSRoger F. WickerOriginalJul 26, 2011
R-WIRon JohnsonOriginalJul 26, 2011
R-MORoy BluntOriginalJul 26, 2011
R-GASaxby ChamblissOriginalJul 26, 2011
R-OKTom CoburnOriginalJul 26, 2011
R-NCRichard BurrAug 2, 2011

Actions 4

Everything that happened, newest first.

  1. Jul 27, 2011Sponsor introductory remarks on measure. (CR S4936-4937)
  2. Jul 27, 2011Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 112.
  3. Jul 26, 2011Introduced in Senate
  4. Jul 26, 2011Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

In the Congressional Record 3

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

WhereIn the RecordMembersDate
SenateDebate and remarks S4996Patrick J. Toomey R-PAJul 28, 2011
SenateDebate and remarks S4917, S4936Harry Reid D-NV, Patrick J. Toomey R-PAJul 27, 2011
SenateDebate and remarks S4915Harry Reid D-NVJul 26, 2011

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
R48209A Binding Debt Limit: Background and Possible ConsequencesReportOct 4, 2024

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 2651To require that the United States Government prioritize all obligations on the debt held by the public, Social Security benefits, and military pay in the event that the debt limit is reached, and for other purposes.Identical billJul 26, 2011

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to require that the United States Government prioritize all obligations on the debt held by the public, Social Security benefits, and military pay in the event that the debt limit is reached, and for other purposes.
Short Titles as Introduced for portions of this bill
Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act

Subjects

Assigned by the Library of Congress. Policy area: Economics and Public Finance.

Text 1

Each version as it was printed, newest first.

  1. Jul 27, 2011Placed on Calendar Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.