5
2
2
Debt Ceiling Reform Act
8/5/2025, 4:53 AM
Summary of Bill S 2405
The bill titled "A bill to provide a process for ensuring the United States does not default on its obligations," designated as S. 2405 in the 119th Congress, was introduced on July 23, 2025. The purpose of the bill is to establish a mechanism to prevent the United States from defaulting on its obligations, though specific provisions and directives within the bill are not provided in the context.
Read the Full Bill
Current Status of Bill S 2405
Bill S 2405 is currently in the status of Bill Introduced since July 23, 2025. Bill S 2405 was introduced during Congress 119 and was introduced to the Senate on July 23, 2025. Bill S 2405's most recent activity was Read twice and referred to the Committee on Finance. as of July 23, 2025
Bipartisan Support of Bill S 2405
Total Number of Sponsors
2Democrat Sponsors
2Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 2405
Primary Policy Focus
Alternate Title(s) of Bill S 2405
Debt Ceiling Reform Act
Debt Ceiling Reform Act
A bill to provide a process for ensuring the United States does not default on its obligations.
Comments
Sponsors and Cosponsors of S 2405
Latest Bills
Southcentral Foundation Land Transfer Act of 2025
Bill HR 3620August 12, 2026
Southcentral Foundation Land Transfer Act of 2025
Bill S 2098August 12, 2026
Intelligence Authorization Act for Fiscal Year 2027
Bill S 4615August 12, 2026
Less Bureaucracy, Better K–12 Education Act
Bill HR 9610August 12, 2026
Less Bureaucracy, Better Student Aid Act
Bill HR 9609August 12, 2026
Foreign Robocall Elimination Act
Bill S 2666August 12, 2026
UNLOCK AUKUS Act
Bill S 4709August 12, 2026
Diversity Jurisdiction Inflation Adjustment Act
Bill S 4850August 12, 2026
To designate the facility of the United States Postal Service located at 86 Main Street in Haverstraw, New York, as the Paul Piperato Post Office Building.
Bill HR 1009August 12, 2026
To designate the facility of the United States Postal Service located at 2407 State Route 71, Suite 1, in Spring Lake, New Jersey, as the James J. Howard Post Office.
Bill HR 1431August 12, 2026