To require that the Government give priority to payment of all obligations on the debt held by the public and payment of Social Security benefits in the event that the debt limit is reached.

3.0.0 421 2023-01-11T13:20:55Z 2023-01-11T13:20:55Z House H HR 2011-01-25 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McCLINTOCK:H.R. 421.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitutionstates that ``The Congress shall have power to lay andcollect taxes, duties, imposts and excises, to pay the debtsand provide for the common defense and general welfare of theUnited States; but all duties, imposts and excises shall beuniform throughout the United States;To borrow money on the credit of the United States;''[Page H471]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-01-25T15:02:15Z To require that the Government give priority to payment of all obligations on the debt held by the public and payment of Social Security benefits in the event that the debt limit is reached. 112 568 HR 2011-02-09 Referred to the House Committee on Ways and Means. Related bill CRS A bill to require that the Government give priority to payment of all obligations on the debt held by the public and payment of social security benefits in the event that the debt limit is reached. 112 259 S 2011-02-02 Read twice and referred to the Committee on Finance. Related bill CRS Full Faith and Credit Act 112 163 S 2011-01-26 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 2. Identical bill CRS 2011-01-25 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-01-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-01-25 Introduced in House IntroReferral 1000 9 Library of Congress M001177 Rep. McClintock, Tom [R-CA-4] Tom McClintock R CA 4 N J000289 Rep. Jordan, Jim [R-OH-4] Jim Jordan R OH 4 2011-01-25 True F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2011-01-25 True G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2011-01-25 True C001064 Rep. Campbell, John [R-CA-48] John Campbell R CA 48 2011-01-25 True F000461 Rep. Flores, Bill [R-TX-17] Bill Flores R TX 17 2011-01-25 True C001076 Rep. Chaffetz, Jason [R-UT-3] Jason Chaffetz R UT 3 2011-01-25 True B001243 Rep. Blackburn, Marsha [R-TN-7] Marsha Blackburn R TN 7 2011-01-25 True R000409 Rep. Rohrabacher, Dana [R-CA-46] DANA ROHRABACHER R CA 46 2011-01-25 True L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2011-01-25 True F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2011-01-25 True S001183 Rep. Schweikert, David [R-AZ-5] David Schweikert R AZ 5 2011-01-25 True L000576 Rep. Long, Billy [R-MO-7] Billy Long R MO 7 2011-01-25 True W000806 Rep. Webster, Daniel [R-FL-8] Daniel Webster R FL 8 2011-01-25 True G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2011-01-25 True F000444 Rep. Flake, Jeff [R-AZ-6] JEFF FLAKE R AZ 6 2011-01-25 True W000810 Rep. Woodall, Rob [R-GA-7] Rob Woodall R GA 7 2011-02-09 False P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2011-02-09 False M001155 Rep. Mack, Connie [R-FL-14] Connie Mack R FL 14 2011-02-09 False R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2011-02-09 False B001262 Rep. Broun, Paul C. [R-GA-10] Paul Broun R GA C. 10 2011-02-09 False B001250 Rep. Bishop, Rob [R-UT-1] Rob Bishop R UT 1 2011-02-09 False K000378 Rep. Kinzinger, Adam [R-IL-11] Adam Kinzinger R IL 11 2011-02-09 False A000358 Rep. Akin, W. Todd [R-MO-2] W. AKIN R MO TODD 2 2011-02-09 False M001159 Rep. McMorris Rodgers, Cathy [R-WA-5] Cathy McMorris Rodgers R WA 5 2011-02-09 False Y000064 Rep. Young, Todd [R-IN-9] Todd Young R IN C. 9 2011-02-09 False Q000024 Rep. Quayle, Benjamin [R-AZ-3] Benjamin Quayle R AZ 3 2011-02-09 False C001062 Rep. Conaway, K. Michael [R-TX-11] K. Conaway R TX Michael 11 2011-02-09 False S001184 Rep. Scott, Tim [R-SC-1] Tim Scott R SC 1 2011-02-09 False M001182 Rep. Mulvaney, Mick [R-SC-5] Mick Mulvaney R SC 5 2011-02-09 False R000585 Rep. Reed, Tom [R-NY-29] Tom Reed R NY 29 2011-02-09 False H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2011-02-09 False S000822 Rep. Stearns, Cliff [R-FL-6] CLIFF STEARNS R FL 6 2011-02-09 False G000565 Rep. Gosar, Paul A. [R-AZ-1] Paul Gosar R AZ A. 1 2011-02-09 False P000602 Rep. Pompeo, Mike [R-KS-4] Mike Pompeo R KS 4 2011-02-09 False K000376 Rep. Kelly, Mike [R-PA-3] Mike Kelly R PA 3 2011-02-09 False D000615 Rep. Duncan, Jeff [R-SC-3] Jeff Duncan R SC 3 2011-02-09 False L000569 Rep. Luetkemeyer, Blaine [R-MO-9] Blaine Luetkemeyer R MO 9 2011-02-09 False K000362 Rep. King, Steve [R-IA-5] Steve King R IA 5 2011-02-09 False B001149 Rep. Burton, Dan [R-IN-5] DAN BURTON R IN 5 2011-02-09 False H001057 Rep. Huelskamp, Tim [R-KS-1] Tim Huelskamp R KS 1 2011-02-09 False H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 2011-02-09 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2011-02-09 False B001276 Rep. Buerkle, Ann Marie [R-NY-25] Ann Buerkle R NY Marie 25 2011-02-09 False F000456 Rep. Fleming, John [R-LA-4] John Fleming R LA 4 2011-02-09 False H000528 Rep. Herger, Wally [R-CA-2] WALLY HERGER R CA 2 2011-02-09 False W000795 Rep. Wilson, Joe [R-SC-2] Joe Wilson R SC 2 2011-02-09 False G000550 Rep. Gingrey, Phil [R-GA-11] Phil Gingrey R GA 11 2011-02-09 False W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2011-02-09 False A000366 Rep. Adams, Sandy [R-FL-24] Sandy Adams R FL 24 2011-02-10 False D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 2011-02-10 False F000460 Rep. Farenthold, Blake [R-TX-27] Blake Farenthold R TX 27 2011-02-10 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2011-02-10 False M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2011-02-10 False P000373 Rep. Pitts, Joseph R. [R-PA-16] JOSEPH PITTS R PA R. 16 2011-02-10 False R000587 Rep. Ribble, Reid J. [R-WI-8] Reid Ribble R WI J. 8 2011-02-10 False R000589 Rep. Rigell, E. Scott [R-VA-2] E. Rigell R VA Scott 2 2011-02-10 False R000583 Rep. Rooney, Thomas J. [R-FL-16] Thomas Rooney R FL J. 16 2011-02-10 False S001164 Rep. Schmidt, Jean [R-OH-2] Jean Schmidt R OH 2 2011-02-10 False S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 2011-02-10 False S001188 Rep. Stutzman, Marlin A. [R-IN-3] Marlin Stutzman R IN A. 3 2011-02-10 False G000566 Rep. Gowdy, Trey [R-SC-4] Trey Gowdy R SC 4 2011-02-14 False P000592 Rep. Poe, Ted [R-TX-2] Ted Poe R TX 2 2011-02-14 False K000363 Rep. Kline, John [R-MN-2] John Kline R MN 2 2011-02-14 False L000575 Rep. Lankford, James [R-OK-5] James Lankford R OK 5 2011-02-17 False G000563 Rep. Gibbs, Bob [R-OH-18] Bob Gibbs R OH 18 2011-02-17 False G000570 Rep. Guinta, Frank C. [R-NH-1] Frank Guinta R NH C. 1 2011-02-17 False B000213 Rep. Barton, Joe [R-TX-6] JOE BARTON R TX L. 6 2011-02-17 False O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2011-03-02 False P000591 Rep. Price, Tom [R-GA-6] Tom Price R GA 6 2011-03-08 False B001273 Rep. Black, Diane [R-TN-6] Diane Black R TN 6 2011-03-08 False F000459 Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] Charles Fleischmann R TN J. "Chuck" 3 2011-03-08 False A000367 Rep. Amash, Justin [R-MI-3] Justin Amash R MI 3 2011-03-08 False H001051 Rep. Hanna, Richard L. [R-NY-24] Richard Hanna R NY L. 24 2011-03-08 False Y000063 Rep. Yoder, Kevin [R-KS-3] Kevin Yoder R KS 3 2011-03-08 False W000811 Rep. Walsh, Joe [R-IL-8] Joe Walsh R IL 8 2011-03-08 False C001082 Rep. Canseco, Francisco "Quico" [R-TX-23] Francisco Canseco R TX Quico 23 2011-03-08 False R000592 Rep. Rokita, Todd [R-IN-4] Todd Rokita R IN 4 2011-03-11 False L000566 Rep. Latta, Robert E. [R-OH-5] Robert Latta R OH E. 5 2011-03-11 False F000445 Rep. Forbes, J. Randy [R-VA-4] J. Forbes R VA Randy 4 2011-03-30 False M001139 Rep. Miller, Gary G. [R-CA-42] GARY MILLER R CA 42 2011-04-01 False D000616 Rep. DesJarlais, Scott [R-TN-4] Scott DesJarlais R TN 4 2011-04-08 False H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2011-05-03 False R000582 Rep. Roe, David P. [R-TN-1] David Roe R TN P. 1 2011-05-03 False C001051 Rep. Carter, John R. [R-TX-31] John Carter R TX R. 31 2011-05-03 False C001048 Rep. Culberson, John Abney [R-TX-7] JOHN CULBERSON R TX ABNEY 7 2011-05-03 False L000571 Rep. Lummis, Cynthia M. [R-WY-At Large] Cynthia Lummis R WY M. 0 2011-05-03 False S001186 Rep. Southerland, Steve II [R-FL-2] Steve Southerland R FL 2 2011-05-04 False B001275 Rep. Bucshon, Larry [R-IN-8] Larry Bucshon R IN 8 2011-05-04 False L000553 Rep. LaTourette, Steven C. [R-OH-14] STEVEN LATOURETTE R OH C. 14 2011-05-06 False W000807 Rep. West, Allen B. [R-FL-22] Allen West R FL B. 22 2011-05-06 False L000111 Rep. Latham, Tom [R-IA-4] TOM LATHAM R IA 4 2011-05-11 False S001154 Rep. Shuster, Bill [R-PA-9] Bill Shuster R PA 9 2011-05-11 False B001256 Rep. Bachmann, Michele [R-MN-6] Michele Bachmann R MN 6 2011-05-11 False R000487 Rep. Royce, Edward R. [R-CA-40] ED ROYCE R CA 40 2011-05-11 False C001075 Rep. Cassidy, Bill [R-LA-6] Bill Cassidy R LA 6 2011-05-23 False L000573 Rep. Labrador, Raul R. [R-ID-1] Raul Labrador R ID R. 1 2011-05-23 False H001054 Rep. Hayworth, Nan A. S. [R-NY-19] Nan Hayworth R NY A. S. 19 2011-06-02 False M001144 Rep. Miller, Jeff [R-FL-1] Jeff Miller R FL 1 2011-06-14 False A000055 Rep. Aderholt, Robert B. [R-AL-4] ROBERT ADERHOLT R AL B. 4 2011-06-21 False C000556 Rep. Coble, Howard [R-NC-6] HOWARD COBLE R NC 6 2011-06-22 False B001274 Rep. Brooks, Mo [R-AL-5] Mo Brooks R AL 5 2011-07-06 False Economics and Public Finance Budget deficits and national debt Securities Economics and Public Finance

00 2011-01-25 Introduced in House 2011-03-07T23:07:37Z Full Faith and Credit Act - Requires the authority of the Department of the Treasury to pay the principal and interest on debt held by the public to take priority over all other obligations incurred by the government in the event the federal debt reaches the statutory limit.

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Full Faith and Credit Act Display Title Full Faith and Credit Act Official Title as Introduced To require that the Government prioritize all obligations on the debt held by the public in the event that the debt limit is reached. Introduced in House IH Short Titles as Introduced Full Faith and Credit Act Introduced in House 2011-01-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr421ih/xml/BILLS-112hr421ih.xml 2011-01-25 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.