0
0

Debt Ceiling Reform Act

3/13/2024, 3:23 AM

Congressional Summary of S 3654

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 Congress passes a joint resolution of disapproval regarding the additional debt, and the joint resolution becomes law.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill S 3654

Bill S 3654 is currently in the status of Bill Introduced since February 15, 2022. Bill S 3654 was introduced during Congress 117 and was introduced to the Senate on February 15, 2022.  Bill S 3654's most recent activity was Read twice and referred to the Committee on Finance. (text: CR S708-710) as of February 15, 2022

Bipartisan Support of Bill S 3654

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 3654

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 3654

Debt Ceiling Reform Act
Debt Ceiling Reform Act
A bill to amend Chapter 31 of title 31, United States Code, to provide procedures for congressional disapproval of the issuance of additional debt.

Comments

Sponsors and Cosponsors of S 3654

Latest Bills

TRAPS Act
Bill HR 4936September 18, 2026
Apples to Apples Comparison Act of 2025
Bill HR 4093September 18, 2026
American Lending Fairness Act of 2026
Bill HR 7866September 18, 2026
Civil Investigative Demand Reform Act of 2025
Bill HR 1653September 18, 2026
American Reserve Modernization Act of 2026
Bill HR 8957September 18, 2026
Preventive Health Savings Act
Bill HR 4464September 18, 2026
PEARL Act
Bill HR 9327September 18, 2026
Medically Tailored Home-Delivered Meals Program Pilot Act
Bill HR 5439September 18, 2026
To designate the facility of the United States Postal Service located at 117 West Lovett Street in Charlotte, Michigan, as the "Francis C. Flaherty Post Office Building".
Bill HR 9570September 18, 2026
To designate the facility of the United States Postal Service located at 1019 Avenue H in Fort Madison, Iowa, as the "Martin L. Graber Post Office".
Bill HR 4707September 18, 2026