S.Amdt. 3263

SA 3263. 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

[[Page S6333]]

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 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.
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.
(3) 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 102
percent.
(2) GDP.--The term ``GDP'' means the gross domestic product
for the relevant fiscal year.
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