2025-2026 Regular Session • US Congress Legislature
HB402: DEBT Act Debt Explanation Before Taxwriters Act
Legislative Summary
To amend title 31, United States Code, to require the Secretary of the Treasury to appear before Congress before the debt limit is reached or extraordinary measures are taken to prevent default.
Demographic Impact
Overall analysis of equity impact
60% Positive
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Bill History
1/14/2025
Introduced in House
House of Representatives
1/14/2025
Referred to the House Committee on Ways and Means.
House of Representatives
Status Information
Current Status
Introduced(1/14/2025)
Chamber
House of Representatives
Committee
Ways And Means(House of Representatives)
Sponsors
Republican: 1
Primary Sponsor
David Schweikert
Republican