To implement the President's request to increase the statutory limit on the public debt.
What it does: Adds SEC. __. INCREASE IN STATUTORY LIMIT ON THE PUBLIC DEBT wherever appropriate
Sen. Rand Paul (R-KY)Adds SEC. __. INCREASE IN STATUTORY LIMIT ON THE PUBLIC DEBT wherever appropriate
Adds a sectionInserted: SEC. __. INCREASE IN STATUTORY LIMIT ON THE PUBLIC DEBT.
Inserted: (a) Finding.--The Congress finds that the President's budget proposal, Budget of the United States Government, Fiscal Year 2012, necessitates an increase in the statutory debt limit of $2,406,000,000,000.
Inserted: (b) Increase.--Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof "$16,700,000,000,000".
The amendment doesn't say where this goes; the clerk decides.
Original wording
At the appropriate place, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 414. Mr. PAUL submitted an amendment intended to be proposed by him to the bill S. 782, to amend the Public Works and Economic Development Act of 1965 to reauthorize that Act, and for other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. INCREASE IN STATUTORY LIMIT ON THE PUBLIC DEBT.
(a) Finding.--The Congress finds that the President's budget proposal, Budget of the United States Government, Fiscal Year 2012, necessitates an increase in the statutory debt limit of $2,406,000,000,000.
(b) Increase.--Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof “$16,700,000,000,000”.
Legislative Activity
Stay on top of the latest movement without scrolling through every action
Considered by Senate. (consideration: CR S3962)
June 21, 2011
View full timeline
Considered by Senate. (consideration: CR S3962)
June 21, 2011
Considered by Senate. (consideration: CR S3852)
June 16, 2011
Considered by Senate. (consideration: CR S3847)
June 15, 2011
Considered by Senate. (consideration: CR S3752)
June 14, 2011
Considered by Senate. (consideration: CR S3635)
June 9, 2011
Senate amendment proposed (on the floor): Amendment SA 414 proposed by Senator Paul.
June 8, 2011
Amendment SA 414 proposed by Senator Paul. (consideration: CR S3595-3598; text: CR S3595) To implement the President's request to increase the statutory limit on the public debt.
June 8, 2011
Senate amendment submitted
June 7, 2011