HR 421

112th CONGRESS
1st Session

H. R. 421

To require that the Government prioritize all obligations on the debt held by the public in the event that the debt limit is reached.

IN THE HOUSE OF REPRESENTATIVES

January 25, 2011

Mr. MCCLINTOCK (for himself, Mr. JORDAN, Ms. FOXX, Mr. GARRETT, Mr. CAMPBELL, Mr. FLORES, Mr. CHAFFETZ, Mrs. BLACKBURN, Mr. ROHRABACHER, Mr. LAMBORN, Mr. FRANKS of Arizona, Mr. SCHWEIKERT, Mr. LONG, Mr. WEBSTER, Mr. GOHMERT, and Mr. FLAKE) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To require that the Government prioritize all obligations on the debt held by the public in the event that the debt limit is reached.

SECTION 1. SHORT TITLE.

SEC. 2. PRIORITIZE OBLIGATIONS ON THE DEBT HELD BY THE PUBLIC.

END