3.0.0 2685 2023-01-11T13:22:41Z 2023-01-11T13:22:41Z House H HR 2011-07-28 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BROOKS:H.R. 2685.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8. The Congress shall have Power . . .to pay debts. . .''Article V. The Congress, whenever two thirds of both Housesshall deem it necessary, shall propose Amendments to thisConstitution. . .[Page H5733]]]> hswm00 Ways and Means Committee House Standing Referred to 2011-07-28T14:01:50Z 2011-07-28 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2011-07-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-07-28 Introduced in House IntroReferral 1000 9 Library of Congress B001274 Rep. Brooks, Mo [R-AL-5] Mo Brooks R AL 5 N B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2011-07-28 True Economics and Public Finance Budget deficits and national debt Constitution and constitutional amendments General taxation matters Income tax rates Legislative rules and procedure Economics and Public Finance 00 2011-07-28 Introduced in House 2011-10-21T16:37:23Z Restoring America's Dignity Act of 2011 - Increases the public debt limit by $750 billion, effective upon adoption by the Congress of a balanced budget constitutional amendment in accordance with the requirements of this Act. Increases the public debt limit by an additional $750 billion, effective upon ratification of such amendment.

Requires such a balanced budget amendment to provide, among other things, that: (1) total outlays of the United States (except those for repayment of debt principal) for any fiscal year shall not exceed total receipts (except those derived from borrowing) for that fiscal year; (2) such limitations may be suspended by a majority of the membership of both houses of Congress in the event of a declared war, or by 3/4 of the membership of Congress for any other fiscal year; (3) any bill increasing net gross federal tax receipts by levying a new tax or revenue source, or increasing the rate of any existing tax or revenue source, or by amending the terms of one or more then-existing taxes or revenue sources, shall not become law unless approved by 3/5 of the membership of Congress; (4) the President, in specified circumstances, shall have discretion to take necessary steps to ensure total outlays for that fiscal year do not exceed total receipts; (5) any Member of Congress, state governor, or state attorney general shall have standing and a cause of action to seek judicial enforcement of the amendment; and (6) after ratification of the amendment its requirements shall be phased in over 5 years according to a specified schedule.

]]> Restoring America's Dignity Act of 2011 Display Title Restoring America's Dignity Act of 2011 Official Title as Introduced To increase the statutory limit on the public debt by $750,000,000,000 upon the adoption by Congress of a balanced budget constitutional amendment and by an additional $750,000,000,000 upon ratification by the States of that amendment. Introduced in House IH Short Titles as Introduced Restoring America's Dignity Act of 2011 Introduced in House 2011-07-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2685ih/xml/BILLS-112hr2685ih.xml 2011-07-28 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.