To repeal the debt ceiling.

HR 1041 would permanently remove the statutory debt ceiling by repealing sections 3101 and 3101A of title 31, U.S. Code. This would eliminate the legal limit on how much the federal government can borrow to pay its existing obligations. The bill directly affects the Treasury Department's borrowing authority, allowing it to issue debt without needing congressional approval for each increase. It represents a structural change to federal fiscal management, removing a recurring legislative hurdle. The bill does not alter current spending or revenue levels.