114 HR 1237 IH: Fiscal Sanity Act for the National Debt U.S. House of Representatives 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.

I 114th CONGRESS 1st Session H. R. 1237 IN THE HOUSE OF REPRESENTATIVES March 4, 2015 Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means A BILL Eliminating the debt ceiling for a period defined, and for other purposes.

1.

Short title

This Act may be cited as the Fiscal Sanity Act for the National Debt.

2.

Nonapplicability of debt ceiling

Section 3101(b) of title 31, United States Code, shall not apply for the period beginning on the date of the enactment of this Act and ending 90 days thereafter.