A bill to temporarily suspend the debt limit through December 31, 2024.

United States118th CongressS-1395Senate
Updated: May 2, 2023

Summary

This bill suspends the federal debt limit through December 31, 2024, and increases the limit on January 1, 2025, to accommodate the obligations issued during the suspension period. The adjustments to the debt limit for obligations issued during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before January 1, 2025.

Bill texts

Available versions
Placed on Calendar (Senate)View official text

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Timeline

  1. Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text: CR S1443)

    Senate

  2. Introduced in Senate

  3. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.

    Senate

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