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H.R.1231 - Transparency on Prioritizing Spending Act

To provide that the President shall submit to Congress a report detailing the priority of Federal spending if the statutory debt limit is reached, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To provide that the President shall submit to Congress a report detailing the priority of Federal spending if the statutory debt limit is reached, and for other purposes. as introduced.
  • Short: Transparency on Prioritizing Spending Act as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
03/15/13
 
 
 
 
 
 
 

Official Summary

Transparency on Prioritizing Spending Act - Requires the President, within 30 days after enactment of this Act, to report to Congress a list, in descending order of prioritization, of which federal obligations will be paid in the event that the U.S. public debt reaches the $16.394 trillion limit.




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