S 213 — Keep Our Promises Act
Last action — Read twice and referred to the Committee on Finance.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
In plain language
The bill allows the Treasury to issue obligations for Medicare and Social Security despite debt limit constraints.
This bill enables the Secretary of the Treasury to issue money to ensure payments for Medicare and Social Security even if the debt limit is reached. It seeks to guarantee that beneficiaries receive their payments on time.
What this means for you
- Workers: This means that workers contributing to Medicare and Social Security can be assured their benefits will be paid even if the debt limit is exceeded.
Summary
Keep Our Promises Act This bill authorizes Medicare and Social Security payments to be made in full even if the federal debt limit is reached. Such payments do not count against the debt limit until after the debt limit has been raised by authorizing legislation.
Bill Text
- Introduced Introduced in Senate Current html February 01, 2023
Compared against current U.S. Code AI-generated reading aid — verify against the official bill.
This bill allows the Secretary of the Treasury to issue obligations to ensure timely payment of Medicare and Social Security benefits even if the debt limit is reached.
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31 U.S.C. § 3101
The face→ Subject to subsection (d), the faceModifies the introduction of subsection (b) to allow for conditions under which the face value of obligations can be considered.
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31 U.S.C. § 3101
(d)(1) If the face value of the amount of obligations described in subsection (b) reaches the limit on such obligations under subsection (b), to the extent necessary to make timely payment of the full amount of benefits authorized under the Medicare program established under title XVIII of the Social Security Act (42 U.S.C. 1395 et seq.) or the old-age, survivors, and disability insurance benefits program established under title II of the Social Security Act (42 U.S.C. 401 et seq.) the Secretary of the Treasury may issue obligations under this chapter. (2) With respect to each instance in which the Secretary of the Treasury begins issuing obligations in accordance with paragraph (1), the face value of such obligations issued during such instance shall not be taken into account in determining the face value of obligations for purposes of subsection (b) during the period—(A) beginning on the date on which the Secretary began issuing obligations in accordance with paragraph (1) during such instance; and (B) ending on the day after the date of enactment of the first law enacted after the date described in subparagraph (A) increasing the limit under subsection (b).
Establishes a new provision allowing the Treasury Secretary to issue obligations to pay Medicare and Social Security benefits without them counting against the debt limit.
Action History
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Introduced in Senate
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Read twice and referred to the Committee on Finance.
Sponsors
- Josh Hawley · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- Hawley, Josh Republican
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 213 do?
- Keep Our Promises Act This bill authorizes Medicare and Social Security payments to be made in full even if the federal debt limit is reached. Such payments do not count against the debt limit until after the debt limit has been raised by authorizing legislation.
- Who sponsors S 213?
- S 213 is sponsored by Hawley, Josh (Republican).
- What is the current status of S 213?
- This bill died with 118th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track S 213?
- Track S 213 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on S 213
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Last checked for changes 3 months ago · updated continuously
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