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Providing for consideration of the bill (H.R. 3746) to provide for a responsible increase to the debt ceiling.

12/15/2023, 3:51 PM

Summary of Bill HRES 456

Bill 118 HRES 456, also known as the "Providing for consideration of the bill (H.R. 3746) to provide for a responsible increase to the debt ceiling," is a piece of legislation currently being discussed in the US Congress. The bill focuses on the issue of raising the debt ceiling, which is the maximum amount of money that the US government is allowed to borrow to meet its financial obligations.

The purpose of H.R. 3746 is to responsibly increase the debt ceiling in order to ensure that the government can continue to pay its bills and meet its financial obligations. The bill aims to prevent a government shutdown or default on its debts, which could have serious consequences for the US economy and financial markets.

The bill is currently being considered by Congress, and the discussion surrounding it is focused on finding a balanced approach to raising the debt ceiling that takes into account the need to address the country's growing debt while also ensuring that the government can continue to function effectively. Overall, Bill 118 HRES 456 is an important piece of legislation that addresses the critical issue of the debt ceiling and the government's ability to meet its financial obligations. It is a complex and nuanced issue that requires careful consideration and thoughtful decision-making by lawmakers in order to ensure the stability and prosperity of the US economy.

Current Status of Bill HRES 456

Bill HRES 456 is currently in the status of Passed in House since May 31, 2023. Bill HRES 456 was introduced during Congress 118 and was introduced to the House on May 30, 2023.  Bill HRES 456's most recent activity was Motion to reconsider laid on the table Agreed to without objection. as of May 31, 2023

Bipartisan Support of Bill HRES 456

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

Policy Area and Potential Impact of Bill HRES 456

Primary Policy Focus

Congress

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