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- S.2181
S.2181: Default Prevention Act
About This Bill
- Introduced Oct. 19, 2015
- Latest Major Action Oct. 20, 2015
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Default Prevention Act This bill requires the following obligations to be granted priority over all other U.S. obligations if the public debt reaches the statutory limit: principal and interest on debt held by the public; compensations, allowances, and benefits for members of the Armed Forces on active duty; Social Security benefits; and Medicare benefits.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Oct. 20, 2015 |
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273.
|
Oct. 19, 2015 |
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
|
Oct. 19, 2015 |
Introduced in the Senate by Rand Paul (R-Ky.) |