H.R. 2544House112th Congress (2011-2013)In Committee

Don't Default on America's Debts and Destroy American Jobs Act of 2011

To increase the statutory limit on the public debt, increase job creation, and reduce projected medium and long-term Federal budget deficits and debt.

Introduced July 14, 2011

Legislative Activity

Stay on top of the latest movement without scrolling through every action

1 earlier action
HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

July 14, 2011

View full timeline
HouseIntro Referral

Introduced in House

July 14, 2011

HouseIntro Referral

Referred to the House Committee on Ways and Means.

July 14, 2011

Bill Text

Latest available legislative text

Reading Mode
Latest
Introduced in HouseIssued July 14, 2011

I

112th CONGRESS

1st Session

H. R. 2544

IN THE HOUSE OF REPRESENTATIVES

July 14, 2011

Ms. McCollum introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To increase the statutory limit on the public debt, increase job creation, and reduce projected medium and long-term Federal budget deficits and debt.

1.

Short title

This Act may be cited as the Don’t Default on America’s Debts and Destroy American Jobs Act of 2011.

2.

Increase in statutory limit on the public debt

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.

3.

Sense of Congress

It is the sense of Congress that the Congressional recess scheduled for August 2011 should be cancelled and that Congress should remain in official session until legislation is passed to—

(1)

increase job creation and reduce unemployment; and

(2)

reduce projected medium- and long-term Federal budget deficits and debt.