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119th Congress
Independent · Nonpartisan · Reader-supported
SENATES. 3050· 119th Congress

PAID OFF Act targets international debt issues

PAID OFF Act of 2025

Sponsor
John Cornyn (R-TX)
Introduced
Oct 23, 2025
Last Action
Jul 27, 2026
Passage
38%
Introduced
Oct 23, 2025
Committee
Jul 27, 2026
3
Floor Vote
4
Both Chambers
5
Enacted
01 — The Text

What.

  • Bill addresses unspecified international affairs related to debt repayment or financial obligations abroad.
  • Exact policy mechanisms unavailable—official summary not yet published by Congressional Research Service.
  • Passed Senate Foreign Relations Committee without amendments on June 17, 2026.
02 — The Stakes

So what?

  • Affects U.S. foreign policy and diplomatic relationships, though specific beneficiaries unclear without bill text.
  • Could impact international development, trade, or bilateral relations depending on hidden provisions.
  • Unclear who bears costs or gains benefits—details essential to understanding stakes are missing.
03 — The Path

Now what?

  • Bill cleared committee and landed on Senate calendar July 27, 2026. Awaits full Senate floor vote with no scheduled debate date yet.
  • Read the bill text at Congress.gov once posted to understand actual policy before advocating for or against passage.
  • Contact your senator's office to ask their position and request briefing materials on the PAID OFF Act.
Legislative History

Actions.

  • Jul 27, 2026Placed on Senate Legislative Calendar under General Orders. Calendar No. 500.
  • Jul 27, 2026Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
  • Jul 27, 2026Committee on Foreign Relations. Reported by Senator Risch without amendment. Without written report.
  • Jun 17, 2026Committee on Foreign Relations. Ordered to be reported without amendment favorably.
  • Oct 23, 2025Read twice and referred to the Committee on Foreign Relations.
  • Oct 23, 2025Introduced in Senate