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113th Congress > Senate > Vote 216
Clerk session vote number: 216
Sponsor: REID, Harry (D-NV)
Description: A bill to ensure the complete and timely payment of the obligations of the United States Government until December 31, 2014.
Bill summary: Default Prevention Act of 2013 - Amends the No Budget, No Pay Act of 2013 (P.L. 113-3) to suspend the public debt limit through December 31, 2014.
Revises the special rule relating to obligations issued during the suspension period to provide for an increase in the debt limit, effective January 1, 2015, to the extent that: (1) the face amount of obligations issued and the face amount of obligations whose principal and interest are guaranteed by the federal government (except guaranteed
obligations held by the Secretary of the Treasury) outstanding on January 1, 2015, exceeds (2) the face amount of such obligations outstanding on the date of enactment of this Act.
Prohibits an obligation from being taken into account unless its issuance was necessary to fund a commitment incurred by the federal government that required payment before January 1, 2015.
Bill titles: A bill to ensure the complete and timely payment of the obligations of the United States Government until December 31, 2014.
Links for more info on the vote: congress.gov