S.Amdt. 157Senate109th Congress (2005-2007)

To express the sense of the Senate regarding the amount of United States debt that is foreign-owned.

What it does: Adds SEC. __. SENSE OF THE SENATE REGARDING FOREIGN-OWNED DEBT on page 65, line 25
Sponsored by Evan BayhSen. Evan Bayh (D-IN)
Submitted March 15, 2005

What it changes

1 change to S.Con.Res. 18

Adds a section
  1. Adds SEC. __. SENSE OF THE SENATE REGARDING FOREIGN-OWNED DEBT on page 65, line 25

    Adds a sectionPrinted page

    Inserted: SEC. __. SENSE OF THE SENATE REGARDING FOREIGN-OWNED DEBT.

    Inserted: It is the sense of the Senate that the Secretary of the Treasury and the Comptroller General should each conduct a study to examine the economic impact of United States publicly-held debt that is held by foreign governments, institutions, and individuals. The study should provide an analysis of the following:

    Inserted: (1) The amount of foreign-owned debt dating back to 1980, broken down by foreign governments, foreign institutions, and foreign private investors, and expressed in nominal terms and as a percentage of the total amount of publicly-held debt in each year.

    Inserted: (2) The economic impact that the increased foreign ownership of United States publicly-held debt has had on the ability of the United States to maintain a stable dollar policy.

    Inserted: (3) The impact that foreign ownership of United States publicly-held debt has had, or could have, on United States trade policy.

    Original wording

    On page 65, after line 25, insert the following:

Read automatically from the Congressional Record. Check the original before relying on it.

As printed

On page 65, after line 25, insert the following:

SEC. __. SENSE OF THE SENATE REGARDING FOREIGN-OWNED DEBT.

It is the sense of the Senate that the Secretary of the Treasury and the Comptroller General should each conduct a study to examine the economic impact of United States publicly-held debt that is held by foreign governments, institutions, and individuals. The study should provide an analysis of the following:

(1) The amount of foreign-owned debt dating back to 1980, broken down by foreign governments, foreign institutions, and foreign private investors, and expressed in nominal terms and as a percentage of the total amount of publicly-held debt in each year.

(2) The economic impact that the increased foreign ownership of United States publicly-held debt has had on the ability of the United States to maintain a stable dollar policy.

(3) The impact that foreign ownership of United States publicly-held debt has had, or could have, on United States trade policy.

Legislative Activity

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Floor Latest Action

Senate amendment agreed to: Amendment SA 157 as modified agreed to in Senate by Unanimous Consent.

March 17, 2005

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Floor

Senate amendment agreed to: Amendment SA 157 as modified agreed to in Senate by Unanimous Consent.

March 17, 2005

Floor

Senate amendment proposed (on the floor): Amendment SA 157 proposed by Senator Gregg for Senator Bayh.

March 17, 2005

Floor

Amendment SA 157 proposed by Senator Gregg for Senator Bayh. (consideration: CR S2941-2942, S2942) To express the sense of the Senate regarding the amount of United States debt that is foreign-owned.

March 17, 2005

Floor

Amendment SA 157 as modified agreed to in Senate by Unanimous Consent. (text as modified: CR S2942)

March 17, 2005

Floor

Senate amendment submitted

March 15, 2005