A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.
USA116th CongressSRES-268| Senate
| Updated: 6/27/2019
Tom Cotton
Republican Senator
Arkansas
Finance Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
This resolution expresses the sense of the Senate that (1) the federal government should not redeem, assume, or guarantee any debt, including pension obligations, of a state; and (2) the Department of the Treasury should report to Congress any negotiations to engage in actions that would result in an outlay of federal funds on behalf of creditors of a state.
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Timeline
Introduced in Senate
Referred to the Committee on Finance. (text: CR S4636)
Government Operations and Politics
Budget deficits and national debtCongressional oversightEmployee benefits and pensionsGovernment employee pay, benefits, personnel managementGovernment lending and loan guaranteesIntergovernmental relationsState and local financeState and local government operations
A resolution expressing the sense of the Senate that the Federal Government should not bail out any State.
USA116th CongressSRES-268| Senate
| Updated: 6/27/2019
This resolution expresses the sense of the Senate that (1) the federal government should not redeem, assume, or guarantee any debt, including pension obligations, of a state; and (2) the Department of the Treasury should report to Congress any negotiations to engage in actions that would result in an outlay of federal funds on behalf of creditors of a state.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Referred to the Committee on Finance. (text: CR S4636)
Tom Cotton
Republican Senator
Arkansas
Finance Committee
Government Operations and Politics
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Budget deficits and national debtCongressional oversightEmployee benefits and pensionsGovernment employee pay, benefits, personnel managementGovernment lending and loan guaranteesIntergovernmental relationsState and local financeState and local government operations