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 25What it changes
1 change to S.Con.Res. 18
Adds SEC. __. SENSE OF THE SENATE REGARDING FOREIGN-OWNED DEBT on page 65, line 25
Adds a sectionPrinted pageInserted: 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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Senate amendment agreed to: Amendment SA 157 as modified agreed to in Senate by Unanimous Consent.
March 17, 2005
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Senate amendment agreed to: Amendment SA 157 as modified agreed to in Senate by Unanimous Consent.
March 17, 2005
Senate amendment proposed (on the floor): Amendment SA 157 proposed by Senator Gregg for Senator Bayh.
March 17, 2005
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
Amendment SA 157 as modified agreed to in Senate by Unanimous Consent. (text as modified: CR S2942)
March 17, 2005
Senate amendment submitted
March 15, 2005