3.0.0
187
2025-05-27T14:15:07Z
2025-05-27T14:15:07Z
House
H
HR
2023-01-09
118
[Congressional Record Volume 169, Number 7 (Monday, January 9, 2023)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McCLINTOCK:H.R. 187.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses 1 and 2 of the United StatesConstitution, which confer on Congress the power to collectand manage revenue for the payment of debts owed by theUnited States and to borrow money on the credit of the UnitedStates.Article 1, Section 8, Clauses 1 and 2: ``The Congress shallhave the Power To lay and collect Taxes, Duties, Imposts andExcises, to pay the Debts and provide for the common Defenceand general Welfare of the United States; but all Duties,Imposts and Excises shall be uniform throughout the UnitedStates; To borrow Money on the credit of the United States;''[Page H112]
- hswm00
Ways and Means Committee
House
Standing
  - Reported By
2024-01-09T23:46:04Z
  - Markup By
2023-03-09T18:57:14Z
  - Referred To
2023-01-09T22:19:25Z
H. Rept. 118-340
- 2024-01-09
Placed on the Union Calendar, Calendar No. 279.
Calendars
H12410
2
House floor actions
U00279
- 2024-01-09
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-340.
Committee
H12200
2
House floor actions
  - hswm00
Ways and Means Committee
- 2024-01-09
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-340.
Committee
5000
9
Library of Congress
  - hswm00
Ways and Means Committee
- 2023-03-09
  - hswm00
Ways and Means Committee
1
House committee actions
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 21 - 17.
Committee
- 2023-03-09
  - hswm00
Ways and Means Committee
1
House committee actions
Committee Consideration and Mark-up Session Held.
Committee
- 2023-01-09
Referred to the House Committee on Ways and Means.
IntroReferral
H11100
2
House floor actions
  - hswm00
Ways and Means Committee
- 2023-01-09
Introduced in House
IntroReferral
Intro-H
9
Library of Congress
- 2023-01-09
Introduced in House
IntroReferral
1000
9
Library of Congress
- M001177
Rep. McClintock, Tom [R-CA-5]
Tom
McClintock
R
CA
5
N
- D000615
Rep. Duncan, Jeff [R-SC-3]
Jeff
Duncan
R
SC
3
2023-01-09
True
- G000576
Rep. Grothman, Glenn [R-WI-6]
Glenn
Grothman
R
WI
6
2023-01-09
True
- G000578
Rep. Gaetz, Matt [R-FL-1]
Matt
Gaetz
R
FL
1
2023-01-09
True
- L000589
Rep. Lesko, Debbie [R-AZ-8]
Debbie
Lesko
R
AZ
8
2023-03-10
False
- 2023-03-31T18:50:00Z

H.R. 187, Default Prevention Act
https://www.cbo.gov/publication/59034
As ordered reported by the House Committee on Ways and Means on March 9, 2023
Economics and Public Finance
- Budget deficits and national debt
2023-06-02T22:03:44Z
- Congressional oversight
2023-06-02T22:03:44Z
- Disability assistance
2023-06-02T22:03:44Z
- Government trust funds
2023-06-02T22:03:44Z
- Social security and elderly assistance
2023-06-02T22:03:44Z
Economics and Public Finance
2023-03-24T16:02:30Z
00
2023-01-09
Introduced in House
2023-05-31T15:35:06Z
Default Prevention Act
This bill requires the Department of the Treasury to continue borrowing to pay the principal and interest on obligations held by the public or the Social Security trust funds if the federal debt limit is reached.
The bill also (1) exempts any obligations issued under this bill from the debt limit if the obligations would otherwise cause the limit to be exceeded, and (2) prohibits the obligations from being used to compensate Members of Congress.

Default Prevention Act
- Display Title
45

Default Prevention Act
2024-07-24T15:19:28Z
- Short Title(s) as Introduced
101

Default Prevention Act
2024-05-24T13:43:09Z
Introduced in House
IH
- Short Title(s) as Reported to House
102

Default Prevention Act
2024-05-24T13:34:43Z
H
House
Reported in House
RH
- Official Title as Introduced
6

To ensure the payment of interest and principal of the debt of the United States.
2024-03-18T20:10:48Z
Introduced in House
IH
- Reported in House
2024-01-09T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr187rh/xml/BILLS-118hr187rh.xml
- Introduced in House
2023-01-09T05:00:00Z
  - https://www.govinfo.gov/content/pkg/BILLS-118hr187ih/xml/BILLS-118hr187ih.xml
2024-01-09
Placed on the Union Calendar, Calendar No. 279.
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.