H.R.2931: Full Faith and Credit Act of 2011

About This Bill

Bill Summary

Full Faith and Credit Act of 2011 - Repeals public debt limit requirements.  Limits the issuance of obligations for the public debt only to fund commitments incurred by the federal government that require current funding. (Thus eliminates the statutory cap on the public debt.)

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.2931.

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sept. 14, 2011

Introduced in the House by Jerrold Nadler (D-N.Y.)

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