II
Calendar No. 94
112th CONGRESS
1st Session
S. 1326
IN THE SENATE OF THE UNITED STATES
July 5, 2011
Mr. Paul introduced the following bill; which was read the first time
July 6, 2011
Read the second time and placed on the calendar
A BILL
To implement the President’s request to increase the statutory limit on the public debt.
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.
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
.
July 6, 2011
Read the second time and placed on the calendar