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Debt Ceiling Reform: Procedures for Congressional Disapproval of Additional Debt

The Act amends chapter 31 of title 31, United States Code, to provide procedures for congressional disapproval of the issuance of additional debt. It outlines a process for the President to certify the need for further borrowing to meet existing commitments and establishes expedited rules for considering a resolution of disapproval in the House of Representatives and the Senate.
Key points
The President must submit a written certification to Congress when the debt is within $100,000,000,000 of a $1,000,000,000,000 increment and further borrowing is required.
Congress may block the issuance of additional debt by enacting a joint resolution of disapproval within 50 calendar days of receiving the certification.
The Act introduces expedited parliamentary procedures in both houses of Congress for considering the disapproval resolution.
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Additional Information
Print number: 117_S_3654
Sponsor: Sen. Durbin, Richard J. [D-IL]
Process start date: 2022-02-15
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Debt Ceiling Reform Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3654.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-02-15.

What are the main provisions?

Key points include:

  • The President must submit a written certification to Congress when the debt is within $100,000,000,000 of a $1,000,000,000,000 increment and further borrowing is required.
  • Congress may block the issuance of additional debt by enacting a joint resolution of disapproval within 50 calendar days of receiving the certification.
  • The Act introduces expedited parliamentary procedures in both houses of Congress for considering the disapproval resolution.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Durbin, Richard J. [D-IL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy Courts and Law