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S 1569 - Default Prevention Act of 2013 - National Key Vote

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Title: Default Prevention Act of 2013

Vote Smart's Synopsis:

Vote on a motion to invoke cloture on a bill that suspends the public debt limit through December 31, 2014.

Highlights:

  • Suspends the public debt limit from the enactment date of this bill through December 31, 2014 (Sec. 2).
  • Increases the public debt limit on January 1, 2015 by the amount necessary to fund financial obligations guaranteed by the United State Government that are outstanding on or before January 1, 2015 (Sec. 2).

NOTE: INVOKING CLOTURE REQUIRES A 3/5 MAJORITY OF THE SENATE. IT IS NOT A VOTE ON THE PASSAGE OF THE PIECE OF LEGISLATION, BUT LIMITS FURTHER DEBATE TO 30 HOURS. CLOTURE IS TYPICALLY USED TO END A FILIBUSTER. A FAILED CLOTURE VOTE OFTEN PREVENTS THE LEGISLATION FROM EVER COMING TO A VOTE.

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