To create runaway debt point of order against consideration of a budget resolution that projects the ratio of public debt to GDP for any fiscal year in excess of 90% to ensure the continued viability of US dollar and prevent doubling or tripling the debt burden on future generations.

SA 747. Mr. ALEXANDER submitted an amendment intended to be proposed
by him to the concurrent resolution S. Con. Res. 13, setting forth the
congressional budget for the United States Government for fiscal year
2010, revising the appropriate budgetary levels for fiscal year 2009,
and setting forth the appropriate budgetary levels for fiscal years
2011 through 2014; as follows:

       On page 68, after line 4, insert the following:

     SEC. __. LIMIT ON PUBLIC DEBT.

       (a) Federal Spending Limit Point of Order.--
       (1) In general.--It shall not be in order in the Senate to
     consider any budget resolution, bill, joint resolution,
     amendment, or conference report that would exceed the limit
     on public debt for any fiscal year covered therein.
       (2) Waiver or suspension.--This subsection may be waived or
     suspended in the Senate only by the affirmative roll call
     vote of three-fifths of the Members, duly chosen and sworn.
       (3) Appeals.--Appeals in the Senate from the decisions of
     the Chair relating to any provision of this subsection shall
     be limited to 1 hour, to be equally divided between, and
     controlled by, the appellant and the manager of the bill or
     joint resolution. An affirmative vote of three-fifths of the
     Members of the Senate, duly chosen and sworn, shall be
     required to sustain an appeal of the ruling of the Chair on a
     point of order raised under this subsection.
       (4) Form of point of order.--A point of order under this
     subsection may be raised by a Senator as provided in section
     313(e) of the Congressional Budget Act of 1974
       (b) Definitions.--In this section:
       (1) Limit on public debt.--The term ``limit on public
     debt'' means a level of public debt for a fiscal year in the
     resolution where the ratio of the public debt to GDP is 90
     percent.
       (2) GDP.--The term ``GDP'' means the gross domestic product
     for the relevant fiscal year.
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