This bill suspends the federal debt limit through December 31, 2024, and increases the limit on January 1, 2025, to accommodate the obligations issued during the suspension period.
The adjustments to the debt limit for obligations issued during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before January 1, 2025.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2023-05-02 | Calendars | Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40. | Senate |
| 2023-05-01 | Calendars | Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text: CR S1443) | Senate |
| 2023-05-01 | IntroReferral | Introduced in Senate | Library of Congress |