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US SB2375

Bill

Status

Introduced

7/22/2025

Primary Sponsor

Bill Cassidy

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Origin

Senate

119th Congress

AI Summary

  • Secretary of the Treasury must submit a report on national security threats posed by the national debt and net interest payments within one year of enactment, with subsequent reports timed to the national defense strategy submission

  • Report must assess how debt increases affect defense spending, federal revenue, U.S. capacity to respond to geopolitical threats and economic crises, and ability to meet mandatory spending obligations for Social Security, Medicare, and Medicaid

  • Report must evaluate impacts on the U.S. dollar's global reserve currency status, U.S. credit rating, inflation, and interest rates

  • Comptroller General must add national debt-related national security threats to the GAO High Risk List

  • Secretary of Treasury must consult with the Secretaries of Defense and State and provide legislative recommendations to reduce debt-related security threats

Legislative Description

National Net Interest is National Security Act of 2025

Economics and public finance

Last Action

Read twice and referred to the Committee on Finance.

7/22/2025

Committee Referrals

Finance7/22/2025

Full Bill Text

No bill text available