HR. 737In Committee
Extraordinary Measures Transparency Act
Require the Treasury Department to report to Congress on planned, ongoing, and completed extraordinary measures used to avoid exceeding the federal debt limit
Plain-English overview
What this bill does
Require the Treasury Department to report to Congress on planned, ongoing, and completed extraordinary measures used to avoid exceeding the federal debt limit
Key points
- Require debt limit reports
- Require daily extraordinary measures reports
- Require post use cost reports
Current status
Where it stands
Status
In Committee
Latest action
2025-01-24 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedBudget deficits and national debtCongressional oversightDepartment of the TreasuryEconomics and Public FinanceGovernment information and archives