S.1598: Pay Our Bills Act

About This Bill

Bill Summary

Pay Our Bills Act - Authorizes an extension of the presidential authority to modify the public debt ceiling (subject to enactment of a congressional joint resolution of disapproval). Authorizes the Secretary of the Treasury to borrow an additional amount required to meet existing commitments if the President certifies to Congress that the public debt is within $100 billion of the current limit and that further borrowing is required. (The debt...

(Source: Library of Congress)

Bill Actions

Date Description
Oct. 29, 2013
Read twice and referred to the Committee on Finance.
Oct. 29, 2013

Introduced in the Senate by Barbara Boxer (D-Calif.)

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