S. 2986: A bill to amend title 31 of the United States Code to increase the public debt limit.
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S. 2986: A bill to amend title 31 of the United States Code to increase the public debt limit.
108th Congress · introduced 2004-11-16 · Economics and Public Finance · Latest: Became Public Law No: 108-415.
federal
Follow this bill, step by step
- Where it came from: introduced 2004-11-16 · official record
- Who proposed it: Sen. Frist, William H. [R-TN] · what a sponsor is
- What happened next: 3 recorded votes in our records. Latest: House roll call 535 (2004): On Motion to Commit with Instructions, S2986 (2004-11-18), Failed. See all
- Where it stands now: Became Public Law No: 108-415. (final step reached)
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
A bill to amend title 31 of the United States Code to increase the public debt limit.
Plain summary
(This measure has not been amended since it was introduced. The expanded summary of the Senate passed version is repeated here.) Amends Federal law to increase the statutory limit on the public debt from $7.384 trillion to $8.184 trillion.
Congressional Research Service summary (Public Law), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
A bill to amend title 31 of the United States Code to increase the public debt limit.
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Sen. Frist, William H. [R-TN] · 0 cosponsors
Cost estimate: No cost estimate published yet.
Recorded votes
- Senate vote 213 (2004): On Passage of the Bill, S2986 (2004-11-17): Bill Passed
- House roll call 535 (2004): On Motion to Commit with Instructions, S2986 (2004-11-18): Failed
- House roll call 536 (2004): On Passage, S2986 (2004-11-18): Passed
Words on this page, explained (2)
- Bill
- A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
- Statute
- A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Public Law)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-108s2986.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/108/s>
Record fed-us-cong108-s2986 · catalog fed-us-congress-bills-cong108 · updated 2026-11-15 by psicol fed-bills-cong108