Fiscal Sanity Act for the National Debt
Latest action · Mar 4, 2015 Referred to the House Committee on Ways and Means.
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.
- IntroducedMar 4, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Fiscal Sanity Act for the National Debt
This bill suspends the public debt limit for the period beginning on the date of enactment of this Act and ending 180 days later. The debt limit, often referred to as the debt ceiling, is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies. Under current law, the debt limit is suspended through March 15, 2015.
Cosponsors
Members who signed on, in the order they did.
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Mar 4, 2015 |
Actions 2
Everything that happened, newest first.
- Mar 4, 2015Introduced in House
- Mar 4, 2015Referred to the House Committee on Ways and Means.
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.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 37, March 4, 2015, page H1614.
Related bills 11
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1235 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1236 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1237 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1238 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1239 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1241 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1242 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1243 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1244 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1245 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
| HR 1246 | Fiscal Sanity Act for the National Debt | Related bill | Mar 4, 2015 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- Eliminating the debt ceiling for a period defined, and for other purposes.
- Short Titles as Introduced
- Fiscal Sanity Act for the National Debt
Subjects
Assigned by the Library of Congress. Policy area: Economics and Public Finance.
Text 1
Each version as it was printed, newest first.
- Mar 4, 2015Introduced in House
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.
