[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2544 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 2544

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


_______________________________________________________________________


                    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.

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

SECTION 1. SHORT TITLE.

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

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''.

SEC. 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.
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