3.0.0 1028 2019-02-20T23:07:52Z 2019-02-23T20:38:34Z Senate S S 2011-05-19 112 ssfi00 Finance Committee Senate Standing Referred to 2011-05-19T19:00:30Z Foreign-Held Debt Transparency and Threat Assessment Act 112 2166 HR 2011-06-14 Referred to the House Committee on Ways and Means. Identical bill CRS 2011-05-19 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2011-05-19 Introduced in Senate IntroReferral 10000 9 Library of Congress C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX N K000352 Sen. Kyl, Jon [R-AZ] Jon Kyl R AZ Llewellyn 2011-05-19 True Foreign Trade and International Finance Asia Budget deficits and national debt China Congressional oversight Economic performance and conditions Foreign loans and debt Foreign Trade and International Finance 00 2011-05-19 Introduced in Senate 2011-09-02T21:21:49Z Foreign-Held Debt Transparency and Threat Assessment Act - Expresses the sense of Congress about the growing federal debt of the United States, the increasing U.S. dependence on foreign creditors like the People's Republic of China, whose holdings could give China a tool with which to manipulate U.S. policymaking (including with respect to Taiwan) and pose a direct threat to the national economy and national security.

Directs the President to report quarterly to certain congressional committees on the risks posed by foreign holdings of U.S. debt instruments, and make such report public on the Internet.

Directs the President to formulate, report to the appropriate congressional committees, and implement a plan of action to reduce an unsustainable level of risk to an acceptable and sustainable level, in a manner that results in a reduction in federal spending, in any case in which the President makes specified determinations that a foreign country's holdings of U.S. debt instruments pose an unacceptable risk to long-term national security or economic stability of the United States.

]]> Foreign-Held Debt Transparency and Threat Assessment Act Short Titles as Introduced Foreign-Held Debt Transparency and Threat Assessment Act Display Title Foreign-Held Debt Transparency and Threat Assessment Act Official Title as Introduced A bill to increase transparency regarding debt instruments of the United States held by foreign governments, to assess the risks to the United States of such holdings, and for other purposes. Introduced in Senate 2011-05-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s1028is/xml/BILLS-112s1028is.xml 2011-05-19 Read twice and referred to the Committee on Finance. 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.