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Key Votes

HR 692 - Default Prevention Act - National Key Vote

Gary Palmer voted Yea (Passage) on this Legislation.

Read statements Gary Palmer made in this general time period.

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Issues Related to HR 692

Stage Details

Legislation - Bill Passed (House) (235-194) - (Key vote)
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Title: Default Prevention Act

Vote Result
Yea Votes
Nay Votes
Vote Smart's Synopsis:

Vote to pass a bill that requires the Secretary of the Treasury to appropriate funds for social security in the event of a default.

Highlights:
  • Requires the Secretary of the Treasure to appropriate funds only for the principal and interest on debt held by the public, the Old-Age and Survivors Insurance Trust Fund, and the Disability Insurance Trust Fund, if the public debt reaches the statutory limit (Sec. 2).
  • Prohibits the Secretary from appropriating funds to compensate members of Congress in the event of a default (Sec. 2).
Legislation - Introduced (House) -

Title: Default Prevention Act

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