[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1326 Placed on Calendar Senate (PCS)]

                                                        Calendar No. 94
112th CONGRESS
  1st Session
                                S. 1326

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


_______________________________________________________________________


                   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.

    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''.
                                                        Calendar No. 94

112th CONGRESS

  1st Session

                                S. 1326

_______________________________________________________________________

                                 A BILL

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

_______________________________________________________________________

                              July 6, 2011

            Read the second time and placed on the calendar