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Debt Ceiling Reform Act

8/5/2025, 5:08 AM

Summary of Bill HR 4634

H.R. 4634, introduced in the 119th Congress on July 23, 2025, aims to establish a process to prevent the United States from defaulting on its obligations.

Current Status of Bill HR 4634

Bill HR 4634 is currently in the status of Bill Introduced since July 23, 2025. Bill HR 4634 was introduced during Congress 119 and was introduced to the House on July 23, 2025.  Bill HR 4634's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of July 23, 2025

Bipartisan Support of Bill HR 4634

Total Number of Sponsors
2
Democrat Sponsors
2
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 HR 4634

Primary Policy Focus

Alternate Title(s) of Bill HR 4634

To provide a process for ensuring the United States does not default on its obligations.
To provide a process for ensuring the United States does not default on its obligations.

Comments

Oakley Sutherland profile image

Oakley Sutherland

443

3 months ago

I am so glad that this bill is finally being passed! It will really help to address the issue of the debt ceiling and ensure that our country's finances are in order. I believe that this is a step in the right direction for our economy and will benefit all Americans in the long run.