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H.R. 182

U.S. House•In House Committee

Summary

H.R. 182, the Default Prevention Act, was introduced in the House on Jan 3, 2025 by Rep. Tom McClintock (R) with 1 co-sponsor. It was referred to Ways And Means, and last saw action on Jan 3, 2025: Referred to the House Committee on Ways and Means.

Record

Text

H.R. 182 has 1 co-sponsor.

hb182/introduced-in-house.txt
119 HR 182 IH: Default Prevention Act
 U.S. House of Representatives
 2025-01-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 182  IN THE HOUSE OF REPRESENTATIVES   January 3, 2025   Mr. McClintock  introduced the following bill; which was referred to the  Committee on Ways and Means    A BILL
To ensure the payment of interest and principal of the debt of the United States.
1.
Short title
This Act may be cited as the   Default Prevention Act  .
2.
Payment of obligations
(a)
In general
At any time that the debt of the United States Government subject to limitation under section 3101 of title 31, United States Code, has reached the limitation imposed under such section, the Secretary of the Treasury (hereafter in this section referred to as  the Secretary ) shall—
(1)
pay Tier I obligations as such obligations become due,
(2)
issue such obligations under  chapter 31  of title 31, United States Code, as—
(A)
are necessary to make the payments described in paragraph (1), or
(B)
are to be held exclusively by a trust fund referred to in subsection (b)(1)(A),
(3)
pay Tier III obligations only to the extent that the Secretary can still pay all Tier II obligations as such obligations become due,
(4)
pay Tier IV obligations only to the extent that the Secretary can still pay all Tier II and Tier III obligations as such obligations become due,
(5)
pay Tier V obligations only to the extent that the Secretary can still pay all Tier II, Tier III, and Tier IV obligations as such obligations become due, and
(6)
submit to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate a weekly written report containing the information described in subsection (d).
(b)
Definitions
For purposes of this section—
(1)
Tier I obligations
The term  Tier I obligations  means payments necessary to provide any of the following:
(A)
Payment with legal tender pursuant to the authority provided under section 3123 of title 31, United States Code, of principal and interest on debt held by—
(i)
the public,
(ii)
the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, or
(iii)
the Federal Hospital Insurance Trust Fund or the Federal Supplementary Medical Insurance Trust Fund.
(B)
Payments under the Medicare program under title XVIII of the Social Security Act ( 42 U.S.C. 1395 et seq. ).
(2)
Tier II obligations
The term  Tier II obligations  means payments necessary to provide any of the following:
(A)
Any obligation of the Department of Defense.
(B)
Benefits under laws administered by the Secretary of Veterans Affairs.
(3)
Tier III obligations
The term  Tier III obligations  means any obligation of the United States which is not a Tier I, Tier II, Tier IV, or Tier V obligation.
(4)
Tier IV obligations
The term  Tier IV obligations  means any payment which constitutes any of the following:
(A)
Compensation for any Federal employee for official time under section 7131 of such title 5, United States Code.
(B)
Any payment for travel expenses for any officer or employee of the Executive branch of Government, including the President and Vice President, unless such payment is a Tier I or Tier II obligation.
(C)
Compensation of any officer or employee of the Executive branch of Government (other than an individual in the competitive service, as defined in section 2102 of title 5, United States Code), including the President and Vice President, unless such compensation is a Tier I or Tier II obligation.
(5)
Tier V obligations
The term  Tier V obligations  means compensation of any Member of Congress (as that term is defined in section 2106 of title 5, United States Code).
(c)
Coordination with public debt limit
Obligations issued under subsection (a)(2) shall not be taken into account as subject to the limitation imposed under section 3101(b) of title 31, United States Code. The preceding sentence shall not apply with respect to any obligation after the first date (after the issuance of such obligation) on which any modification or suspension of such limitation takes effect.
(d)
Weekly reports
The written report referred to in subsection (a)(6) shall include, with respect to the period covered by such report—
(1)
the amount of Tier I obligations paid under subsection (a)(1) during such period,
(2)
the amount of obligations issued under subsection (a)(2) during such period, and
(3)
the amount of Tier II obligations, Tier III obligations, Tier IV obligations, and Tier V obligations which were paid during such period (stated separately for each tier) and the aggregate amount of such obligations which were due and unpaid as of the close of such period (stated separately for each tier).
(e)
No inference with respect to existing authority to prioritize payments
During any period with respect to which this section does not apply, nothing in this section shall be interpreted to restrict the authority of the Secretary to prioritize the payment of certain obligations over other obligations.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-01-03
  2. Passed House
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House Jan 3, 2025

hb182/introduced-in-house.md

Shown Here:
Introduced in House (01/03/2025)

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. Specifically, Treasury may not

  • pay any remaining obligations unless it can still pay obligations of the Department of Defense and any obligations necessary to provide benefits under laws administered by the Department of Veterans Affairs;
  • pay obligations related to the compensation of federal employees for official time; government travel for executive branch officers or employees; and the compensation of the President, the Vice President, and other members of the executive branch (other than individuals in the competitive service) unless all other obligations except for compensation of Members of Congress can still be paid; and
  • compensate Members of Congress unless all other obligations can still be paid.

Finally, the bill requires Treasury to provide weekly reports to Congress regarding new debt issued and obligations that have been paid or not paid under the bill.

Sponsors

Rep. Tom McClintock (R) sponsors H.R. 182, and 1 member has co-sponsored it.

Committees

H.R. 182 went before 1 committee: Ways and Means.

Ways and Means
Ways and Means
Referred To · Jan 3, 2025 · 1,160 Bills

Actions

H.R. 182 has taken 2 actions since Jan 3, 2025.

ChamberAction
Jan 3, 2025
House
Introduced in House
Jan 3, 2025
House
Referred to the House Committee on Ways and Means.Ways and Means Committee

Votes

H.R. 182 has not gone to a roll call.

Titles

H.R. 182 goes by 3 titles, 1 of them short titles.

  • Default Prevention Act — Display Title
  • Default Prevention Act — Short Title(s) as Introduced
  • To ensure the payment of interest and principal of the debt of the United States. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 9 registered lobbyists who named H.R. 182 in 6 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Budget/Appropriations, Government Issues, Health Issues, Labor Issues/Antitrust/Workplace.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
NATIONAL TREASURY EMPLOYEES UNION—District of Columbia16—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
NATIONAL TREASURY EMPLOYEES UNION16—

Lobbyists

Named on the filings that cite the bill.

LobbyistFirmsClientsFilings
JENNIFER TYREE116
KATHERINE SYBENGA116
MARAM ABDELHAMID116
MATTHEW SOCKNAT116
MATTHEW SOWARDS116
KURT VORNDRAN115
REGINA HUTTER115
COLLEEN COSTELLO111
JOSH NASSAR111

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 fourth_quarter$350K4th Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 second_quarter$350K2nd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2026 second_quarter$340K2nd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2026 first_quarter$310K1st Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 third_quarter$300K3rd Quarter - Report
NATIONAL TREASURY EMPLOYEES UNIONNATIONAL TREASURY EMPLOYEES UNION2025 first_quarter$300K1st Quarter - Report

Classification

The Congressional Research Service files H.R. 182 under Economics and Public Finance, one of its 31 policy areas, and gives it 5 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 182’s is Economics and Public Finance.

hr182/policy-areas.txt
Economics and Public FinanceAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 182 carries 5 of CRS’s legislative subjects, from Budget deficits and national debt to Social security and elderly assistance.

hr182/subjects.txt
Budget deficits and national debtCongressional oversightDisability assistanceGovernment trust fundsSocial security and elderly assistance

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 182, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 1 (Friday, January 3, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. McCLINTOCK:H.R. 182.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses 1 and 2 of the United StatesConstitutionThe single subject of this legislation is:Forest Management throughout the National Forest System toordinate better management.[Page H42]

Source: congress.gov · legiscan.com