Promoting Physical Activity for Americans Act
Summary
Public Law 117-50, originally introduced as S. 1301, authorized a $480 billion increase to the federal debt limit. This measure was enacted to ensure the U.S. Treasury could continue to meet its existing financial obligations, such as Social Security payments, military salaries, and tax refunds, through late 2021. By raising the borrowing ceiling, the law prevented a government default, maintaining the stability of the national economy and the uninterrupted delivery of federal services to citizens.
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