H.R.2605: Protect Spending Priorities Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about economics and public finance
  • Introduced July 21, 2011
  • Latest Major Action July 21, 2011

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Summary

Protect Spending Priorities Act - Requires amounts necessary for incurred federal obligations, in the event that the public debt reaches the statutory limit, to be made available to certain obligations, in prioritized order, before all other obligations. Prioritizes such obligations in the following descending order: (1) amounts necessary to carry out the authority of the Department of the Treasury to pay with legal tender the principal and...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
July 21, 2011

Introduced in the House by Tom Latham (R-Iowa)

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