Introduced
S. 2405
Introduced in Senate · August 5, 2025July 23, 2025
Mr. Merkley (for himself, Mr. Durbin, and Mr. Kaine) introduced the following bill; which was read twice and referred to the Committee on Finance
A BILL
To provide a process for ensuring the United States does not default on its obligations.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Short title.
This Act may be cited as the “Debt Ceiling Reform Act”.