[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1954 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 1954

To implement the President's request to increase the statutory limit on 
                            the public debt.


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                    IN THE HOUSE OF REPRESENTATIVES

                              May 24, 2011

   Mr. Camp introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To implement the President's request to increase the statutory limit on 
                            the public debt.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. 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.

SEC. 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''.
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