3.0.0 46 2022-11-15T16:33:16Z 2022-11-15T16:33:16Z Senate S S 2013-01-22 113 ssfi00 Finance Committee Senate Standing Referred to 2013-01-22T21:33:00Z 2013-01-22 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2013-01-22 Introduced in Senate IntroReferral 10000 9 Library of Congress T000461 Sen. Toomey, Patrick [R-PA] Patrick Toomey R PA J. N V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2013-01-22 True L000577 Sen. Lee, Mike [R-UT] Mike Lee R UT 2013-01-22 True R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL 2013-01-22 True E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2013-01-22 True B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY 2013-01-22 True C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2013-01-22 True I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2013-01-22 True B000575 Sen. Blunt, Roy [R-MO] Roy Blunt R MO 2013-01-22 True J000293 Sen. Johnson, Ron [R-WI] Ron Johnson R WI 2013-01-22 True H001041 Sen. Heller, Dean [R-NV] Dean Heller R NV 2013-01-22 True F000444 Sen. Flake, Jeff [R-AZ] JEFF FLAKE R AZ 2013-01-22 True R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2013-01-22 True A000368 Sen. Ayotte, Kelly [R-NH] Kelly Ayotte R NH 2013-01-22 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2013-01-22 True G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2013-01-22 True C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX 2013-01-22 True H001061 Sen. Hoeven, John [R-ND] John Hoeven R ND 2013-01-24 False H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2013-01-24 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2013-01-24 False R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2013-01-24 False C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2013-01-24 False B001236 Sen. Boozman, John [R-AR] John Boozman R AR 2013-01-24 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2013-01-28 False B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2013-01-28 False C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2013-01-29 False C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2013-01-29 False S001184 Sen. Scott, Tim [R-SC] Tim Scott R SC 2013-01-30 False G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2013-02-07 False Economics and Public Finance Budget deficits and national debt Congressional oversight Military personnel and dependents Social security and elderly assistance Economics and Public Finance 00 2013-01-22 Introduced in Senate 2013-02-05T21:53:16Z Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act - Requires the following to take equal priority over all other federally incurred obligations in the event that the public debt reaches the statutory limit: (1) the authority of the Department of the Treasury to pay with legal tender the principal and interest on debt held by the public; (2) 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; and (3) the payment of pay and allowances for members of the Armed Forces on active duty.

Requires the Secretary of the Treasury, if the Secretary determines that incoming revenue will not be sufficient to finance the priorities described in this Act over the following two weeks, to: (1) notify Congress of the expected revenue shortfall, and (2) raise the debt limit by the amount necessary to cover the difference between incoming revenue and the revenue needed to finance such priorities on a two-week basis.

Prohibits such a debt limit increase from exceeding the difference between expected outlays for the listed priorities and expected revenue. Places in reserve and applies to the following two-week period any amount of incoming revenue in excess of the amount projected by the Secretary as necessary to finance such priorities.

]]> Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act Display Title Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act Short Titles as Introduced Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act Official Title as Introduced A bill to protect Social Security benefits and military pay and require that the United States Government prioritize all obligations on the debt held by the public in the event that the debt limit is reached. Introduced in Senate 2013-01-22T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s46is/xml/BILLS-113s46is.xml 2013-01-22 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.