3.0.0 443 2022-11-15T16:33:07Z 2022-11-15T16:33:07Z House H HR 2013-02-01 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. BROOKS of Alabama:H.R. 443.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 H315]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-02-01T16:00:05Z Protecting America's Solvency Act of 2013 113 371 HR 2013-01-23 Referred to the House Committee on Ways and Means. Related bill CRS 2013-02-01 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-02-01 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-02-01 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 2013-02-01 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2013-02-01 True S001186 Rep. Southerland, Steve II [R-FL-2] Steve Southerland R FL 2 2013-02-01 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 2013-02-01 Introduced in House 2013-02-28T21:32:10Z Protecting America's Solvency Act of 2013 - Increases the public debt limit by $1 trillion, 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 $1 trillion, 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) this fiscal year deficit prohibition may be suspended by a majority of the membership of both houses of Congress in the event of a congressionally declared war, or by 4/5 of the membership of Congress for any other fiscal year; (3) 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; (4) 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 (5) after ratification of the amendment its requirements shall be phased in according to a specified schedule.

]]> Protecting America's Solvency Act of 2013 Display Title Protecting America's Solvency Act of 2013 Short Titles as Introduced Protecting America's Solvency Act of 2013 Official Title as Introduced To increase the statutory limit on the public debt by $1 trillion upon the adoption by Congress of a balanced budget Constitutional amendment and by an additional $1 trillion upon ratification by the States of that amendment. Introduced in House 2013-02-01T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr443ih/xml/BILLS-113hr443ih.xml 2013-02-01 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.