Likely helped
- No clear beneficiaries surfaced yet.
H.R. 737 (119th)Bill Overview
Extraordinary Measures Transparency Act
Economics and Public Finance|Budget deficits and national debtCongressional oversight
Current stageCommittee
Referred to the House Committee on Ways and Means.
Introduced
Committee
Floor
President
Law
01 · The brief
Plain-English summaryWhat this bill actually does
<p><strong>Extraordinary Measures Transparency Act</strong></p><p>This bill requires the Department of the Treasury to report to Congress regarding extraordinary measures used to avoid exceeding the federal debt limit.</p><p>(The term <em>extraordinary measures</em> refers to a series of actions that Treasury may implement to allow the United States to borrow additional funds without exceeding the debt limit. The measures often include suspensions of debt sales and suspensions or redemptions of investments in certain government funds.)</p><p>If Treasury determines that the public debt will reach the limit in 30 days, Treasury must submit a report to Congress that includes</p><ul><li>a description of the extraordinary measures that Treasury intends to use if the debt limit is not raised,</li><li>an estimate of the cost of the measures,</li><li>a projection of how long the measures will fund the federal government, and</li><li>a projection of the administrative cost of taking the measures.</li></ul><p>Treasury must also submit specified daily reports to Congress when the measures are being used.
Why people may split
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
Watch point
The next hurdle is converting committee movement into a floor coalition.
<p><strong>Extraordinary Measures Transparency Act</strong></p><p>This bill requires the Department of the Treasury to report to Congress regarding extraordinary measures used to avoid exceeding the federal debt limit.</p><p>(The term <em>extraordinary measures</em> refers to a series of actions that Treasury may implement to allow the United States to borrow additional funds without exceeding the debt limit.
The measures often include suspensions of debt sales and suspensions or redemptions of investments in certain government funds.)</p><p>If Treasury determines that the public debt will reach the limit in 30 days, Treasury must submit a report to Congress that includes</p><ul><li>a description of the extraordinary measures that Treasury intends to use if the debt limit is not raised,</li><li>an estimate of the cost of the measures,</li><li>a projection of how long the measures will fund the federal government, and</li><li>a projection of the administrative cost of taking the measures.</li></ul><p>Treasury must also submit specified daily reports to Congress when the measures are being used.
Passage38/100
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
CredibilityPartial
How solid the drafting looks.
Contention62/100
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
02 · What it does
Who stands to gain, and who may push back.
Likely benefits vs burdens0% / 100%
Likely helpedLikely burdened
These are examples from the analysis, not a ranked list of the most-affected groups.
Likely burdened
- No clear downsides surfaced yet.
03 · Why people split
Why the argument around this bill splits.
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
Progressive—
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
Centrist—
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
Conservative—
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
04 · Can it pass?
The path through Congress.
Introduced
Reached or meaningfully advanced
Committee
Reached or meaningfully advanced
Floor
Still ahead
President
Still ahead
Law
Still ahead
Passage likelihood38/100
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
Why this could stall
- The next hurdle is converting committee movement into a floor coalition.
05 · Recent votes
Recent votes on the bill.
No vote history yet
The bill has not accumulated any surfaced votes yet.
06 · Go deeper
Go deeper than the headline read.
Included on this page
The main political fault lines are not fully surfaced yet, so coalition durability is still unclear.
This bill has moved beyond introduction, but committee and floor dynamics still determine whether it can build durable support.
Unlocked analysis
Pro readers get the full perspective split, passage barriers, legislative design review, stakeholder impact map, and lens-based policy tradeoff analysis for Extraordinary Measures Transparency Act.
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Perspective breakdownsPassage barriersLegislative design reviewStakeholder impact map
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