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H.R. 3693 (115th): To repeal the debt ceiling.

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About the bill

What happens if Congress doesn’t raise the debt ceiling by December 8? Basic government expenditures like Social Security checks might not go out, the nation’s credit rating could get downgraded, and borrowing money could be subject to much higher interest rates.

A Pennsylvania representative has a solution: eliminate the debt ceiling entirely.

What just happened in 2017

Congress faced a pressing deadline with huge consequences: the debt ceiling needed to be raised by September 29.

If that didn’t happen, essentially the government would have “run out of ...

Sponsor and status

Brendan Boyle

Sponsor. Representative for Pennsylvania's 13th congressional district. Democrat.

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Last Updated: Sep 7, 2017
Length: 1 pages
Introduced:

Sep 7, 2017
115th Congress, 2017–2019

Status:
Died in a previous Congress

This bill was introduced on September 7, 2017, in a previous session of Congress, but was not enacted.

History

Sep 7, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 3693 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

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“H.R. 3693 — 115th Congress: To repeal the debt ceiling.” www.GovTrack.us. 2017. April 18, 2019 <https://www.govtrack.us/congress/bills/115/hr3693>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.