[Congressional Record Volume 158, Number 156 (Thursday, December 6, 2012)]
[Senate]
[Page S7686]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. REID:
  S. 3664. A bill to provide for debt limit extensions; read the first 
time.
  Mr. REID. Mr. President, I ask unanimous consent that the text of the 
bill be printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record as follows:

                                S. 3664

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

     SEC. 1. DEBT LIMIT EXTENSION.

       Subsection (b) of section 3101 of title 31, United States 
     Code, is amended by striking ``as provided by law through the 
     congressional budget process described in Rule XLIX of the 
     Rules of the House of Representatives or as provided by 
     section 3101A or otherwise.'' and inserting ``as provided--
       ``(1) by law through the congressional budget process 
     described in Rule XLIX of the Rules of the House of 
     Representatives or as provided by section 3101A or otherwise, 
     or
       ``(2) by executive order of the President. An executive 
     order issued pursuant to paragraph (2) shall be considered as 
     a major rule for purposes of chapter 8 of title 5, United 
     States Code.''.
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