H.R. 2402 (112th): Prioritize Spending Act of 2011

Introduced:
Jun 24, 2011 (112th Congress, 2011–2013)
Sponsor:
Rep. Daniel Webster [R-FL8]
Status:
Died (Referred to Committee)
See Instead:
This bill was re-introduced as H.R. 149 on Jan 03, 2013. See H.R. 149 for current action on this subject.

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on June 24, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 24, 2011
Referred to Committee Jun 24, 2011
Cosponsors
69 cosponsors (69R) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Full Title

To specify the priority of the obligations of the United States Government if the debt ceiling is reached.

Summary

No summaries available.

Text

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Last updated Jun 24, 2011.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

6/24/2011--Introduced.
Prioritize Spending Act of 2011 - 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.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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