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 money.” The debt ceiling is the upper amount that the government is permitted to borrow to pay for spending.
A few weeks ago President Donald Trump struck a deal with congressional Democrats to avoid this September deadline, a deal that ...
Sponsor and status
Sponsor. Representative for Pennsylvania's 13th congressional district. Democrat.
Last Updated: Sep 7, 2017
Length: 1 page
115th Congress (2017–2019)
This bill was introduced on September 7, 2017, in a previous session of Congress, but it did not receive a vote.
What legislators are saying
“Boyle Introduces Legislation To Abolish Debt Ceiling”
— Rep. Brendan Boyle [D-PA2] (Sponsor) on Sep 7, 2017
Sep 7, 2017
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Jul 9, 2019
Reintroduced Bill — Introduced
This activity took place on a related bill, H.R. 3635 (116th).
Feb 15, 2021
Reintroduced Bill — Introduced
This activity took place on a related bill, H.R. 1041.
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.
Bills numbers restart every two years. That means there are other bills with the number H.R. 3693. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2021). H.R. 3693 — 115th Congress: To repeal the debt ceiling. Retrieved from https://www.govtrack.us/congress/bills/115/hr3693
“H.R. 3693 — 115th Congress: To repeal the debt ceiling.” www.GovTrack.us. 2017. August 2, 2021 <https://www.govtrack.us/congress/bills/115/hr3693>
To repeal the debt ceiling, H.R. 3693, 115th Cong. (2017).
|title=H.R. 3693 (115th)
|accessdate=August 2, 2021
|author=115th Congress (2017)
|date=September 7, 2017
|quote=To repeal the debt ceiling.
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.