Default Prevention Act

Introduced Jan 3, 2025Latest action Jan 3, 2025Economics and Public Finance

Plain-English summary

Default Prevention Act This bill exempts certain obligations of the federal government from the statutory debt limit and establishes requirements for paying and prioritizing obligations after the debt limit is reached. If the debt limit is reached, the bill requires the Department of the Treasury to continue issuing debt and making payments necessary to (1) pay the principal and interest on debt held by the public, the Social Security trust funds, and the Medicare trust funds; and (2) pay Medicare benefits. The bill also exempts these obligations from the debt limit until the debt limit has been modified or suspended. The bill also establishes requirements for prioritizing the remaining obligations after the debt limit has been reached.

Deterministically condensed from the official CRS summary; verify details in the official record.

People and recorded decisions

Sponsors, Cosponsors & House Votes

Glenn Grothman

Cosponsor · Republican · WI

Thomas Mcclintock

Sponsor · Republican · CA

No linked House roll-call vote is available yet. Senate votes are not currently synchronized.

Official Subjects

Economics and Public FinanceBudget deficits and national debtCongressional oversightDisability assistanceGovernment trust fundsSocial security and elderly assistance

Sources & text

Official Congress.gov record ↗Introduced in House ↗Introduced in House ↗Introduced in House ↗

Congress.gov data last updated Sep 23, 2026. Automated summaries preserve a source version and generation timestamp; human edits are explicitly recorded.