S.Amdt. 3262

SA 3262. Mr. CRUZ submitted an amendment intended to be proposed by
him to the concurrent resolution S. Con. Res. 14, setting forth the
congressional budget for the United States Government for fiscal year
2022 and setting forth the appropriate budgetary levels for fiscal
years 2023 through 2031; which was ordered to lie on the table; as
follows:

At the appropriate place, add the following:

SEC. ___. LIMIT ON INCREASING THE PUBLIC DEBT.

(a) Point of Order.--It shall not be in order in the Senate
to consider any budget resolution, bill, joint resolution,
amendment, or conference report that would increase in the
public debt, for the period of the current fiscal year
through the next 10 fiscal years, equal to or greater than
the debt accumulated from 1789 to January 20, 2021.
(b) Form of Point of Order.--A point of order under
subsection (a) may be raised by a Senator as provided in
section 313(e) of the Congressional Budget Act of 1974.
(c) Waiver.--This section may be waived or suspended only
by the affirmative vote of three-fifths of the Members, duly
chosen and sworn.
(d) Appeals.--An affirmative vote of three-fifths of the
Members, 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 section.
(e) Determinations of Budget Levels.--For purposes of this
section, the levels of net direct spending shall be
determined on the basis of estimates provided by the
Committee on the Budget of the Senate.
(f) Sunset.--This section shall expire on September 30,
2022.
______