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- S.716
S.716: Dollar-for-Dollar Deficit Reduction Act
About This Bill
- Introduced March 23, 2017
- Latest Major Action March 23, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Republicans)
Bill Version
- Introduced in Senate - March 23, 2017
Bill Summary
Dollar-for-Dollar Deficit Reduction Act This bill requires the Department of the Treasury to issue a debt limit warning to Congress if Treasury determines that the United States will reach the statutory debt limit within 60 days. The warning must include a determination of when extraordinary measures may be necessary to prolong the funding of the U.S. government in the absence of a debt limit increase. Any formal Presidential request to...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 23, 2017 |
Read twice and referred to the Committee on the Budget.
|
| March 23, 2017 |
Introduced in the Senate by Rob Portman (R-Ohio) |