HR37-119

Introduced

Proposing a Federal debt limit amendment to the Constitution of the United States.

119th Congress Introduced Jan 3, 2025

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Proposing a Federal debt limit amendment to the Constitution of the United States., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors. The main policy domain is Defense, Finance, Transportation.

Who Benefits and How

defense agencies, service members, and defense contractors may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, defense agencies, service members, and defense contractors may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H0DB812FF59594E23B23A7D50269CF70B: That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of...
  • Section HD07B0DA3C9614680A03B15B155A0882F: 1. Total amount of debt, including debt held by the public and intragovernmental debt, of the United States Government may not be greater than 130 percent of...
  • Section H7CFF1FFD3979459E9BB6256896F537D7: 2. Total Federal debt, including debt held by the public and intragovernmental debt, may not exceed the levels prescribed under section 1 unless three-fifths...
  • Section H74B3437049134DF9B2A97A38FF619F93: 3. Prior to each fiscal year, the President shall transmit to the Congress a proposed budget for the United States Government for that fiscal year, and the...
  • Section H335F9C337CAB464ABDF0A6D7A5D4DADD: 4. The Congress may waive the provisions of this article in connection with defense spending for any fiscal year in which a declaration of war is in effect....

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Proposing a Federal debt limit amendment to the Constitution of the United States., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Key Policy Areas

Defense, Finance, Transportation

Primary Purpose

This bill, Proposing a Federal debt limit amendment to the Constitution of the United States., changes federal law or congressional policy affecting defense agencies, service members, and defense contractors.

Policy Domains

Defense Finance Transportation

Whole bill

Identified Gains
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
defense agencies, service members, and defense contractors:
Identified Costs
  • federal implementing agencies
  • defense agencies, service members, and defense contractors
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies:
defense agencies, service members, and defense contractors:

Legislative Progress

Introduced
Introduced Committee Passed
Jan 3, 2025

Mr. Yakym introduced the following bill; which was referred to …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Defense Finance Transportation
Actor Mappings
"federal_implementing_agencies"
→ Federal agencies assigned duties by the bill

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology