Federal Debt Management Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Sep 18, 2014)
Federal Debt Management Act of 2014 - Limits the Department of the Treasury's authority to manage the debt of the United States by using extraordinary measures to prevent the public debt limit from being exceeded.
Limits the authority of the Secretary of the Treasury to suspend the investing of amounts or the issuance of obligations for the Civil Service Retirement and Disability Fund, the Thrift Savings Fund, the Exchange Stabilization Fund, or any other fund or account for the purposes of preventing the public debt of the United States from exceeding the public debt limit.
Requires the Secretary to submit to Congress additional information regarding the Daily Treasury Statement, including: (1) all cash flow and debt transaction information used in preparing the Daily Treasury Statement, and (2) forecasts for the cash flow and debt transactions of the federal government.
What just happenedSep 18, 2014
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Who’s behind it
- Introduced in SenateSep 18, 2014
- Sep 18, 2014IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
- Sep 18, 2014IntroReferral10000
Introduced in Senate