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- H.R.421
H.R.421: Full Faith and Credit Act
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 25, 2011
- Latest Major Action Jan. 25, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
102 (1 Democrat, 101 Republicans)
Bill Summary
Full Faith and Credit Act - Requires the authority of the Department of the Treasury to pay the principal and interest on debt held by the public to take priority over all other obligations incurred by the government in the event the federal debt reaches the statutory limit.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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Jan. 25, 2011 |
Introduced in the House by Tom McClintock (R-Calif.) |