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- H.R.1908
H.R.1908: To specify the priority of the obligations of the United States Government if the debt ceiling is reached, to provide for an emergency appropriation of funds to pay for certain defense and national security obligations during a gap in funding, and for oth
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced May 13, 2011
- Latest Major Action May 16, 2011
Bill Sponsor
Bill Summary
Sets forth the priority of the payment of obligations incurred by the U.S. government in the event that U.S. debt reaches the statutory limit. Limits certain obligations for specified departments, agencies, international organizations, and funds to 20% of the amount that would have been made available to satisfy such obligations if such limit had not been reached. Directs the Secretary of the Treasury, during any funding gap, to make emergency...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Ways and Means, and in addition to the Committees on Transportation and Infrastructure, and Armed Services, 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.
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Referred to House Ways and Means
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Referred to House Transportation and Infrastructure
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Referred to House Armed Services
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Referred to the Subcommittee on Aviation.
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Referred to the Subcommittee on Highways and Transit.
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Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials.
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Referred to the Subcommittee on Water Resources and Environment.
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| May 13, 2011 |
Introduced in the House by Todd Akin (R-Mo.) |