H.R.149 - Prioritize Spending Act of 2013

To specify the priority of the obligations of the United States Government if the debt ceiling is reached. view all titles (2)

All Bill Titles

  • Official: To specify the priority of the obligations of the United States Government if the debt ceiling is reached. as introduced.
  • Short: Prioritize Spending Act of 2013 as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 2
  • Past Seven Days: 7
  • All-Time: 656
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
01/03/13
 
 
 
 
 
 
 

Sponsor

Representative

Daniel Webster

R-FL

View Co-Sponsors (43)

Official Summary

Prioritize Spending Act of 2013 - Requires amounts necessary for incurred federal obligations, in the event that the public debt reaches the statutory limit, to be made available to certain obligations, in prioritized order, before all other obligations. Prioritizes such obligations in the

Official Summary

Prioritize Spending Act of 2013 - Requires amounts necessary for incurred federal obligations, in the event that the public debt reaches the statutory limit, to be made available to certain obligations, in prioritized order, before all other obligations. Prioritizes such obligations in the following descending order:
(1) amounts necessary to carry out the authority of the Department of the Treasury to pay with legal tender the principal and interest on public debt;
(2) amounts determined by the Secretary of Defense (DOD) (and the Secretary of Homeland Security [DHS] in the case of the Coast Guard) to be necessary to continue to provide pay and allowances (without interruption) to members of the Army, Navy, Air Force, Marine Corps, and Coast Guard, including their reserve components, who perform active service;
(3) amounts certified to Congress by the President as necessary to carry out vital national security priorities;
(4) amounts necessary to carry out the authority of the Commissioner of Social Security to pay monthly old-age, survivors', and disability insurance benefits under title II of the Social Security Act (SSA); and
(5) amounts necessary to make payments under the Medicare program under SSA title XVIII.

...Read the Rest


Latest Letters to Congress

See All Letters (1)
 


Vote on This Bill

100% Users Support Bill

3 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC