[Congressional Record Volume 161, Number 49 (Tuesday, March 24, 2015)]
[Senate]
[Page S1800]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 399. Mr. COATS submitted an amendment intended to be proposed by 
him to the concurrent resolution S. Con. Res. 11, setting forth the 
congressional budget for the United States Government for fiscal year 
2016 and setting forth the appropriate budgetary levels for fiscal 
years 2017 through 2025; which was ordered to lie on the table; as 
follows:

       At the end of subtitle A of title IV, add the following:

     SEC. __. POINT OF ORDER AGAINST LEGISLATION THAT WOULD 
                   INCREASE NET DIRECT SPENDING IF THE NATIONAL 
                   DEBT IS GREATER THAN THE SIZE OF THE ECONOMY OF 
                   THE UNITED STATES.

       (a) Point of Order.--
       (1) In general.--It shall not be in order in the Senate to 
     consider any bill, joint resolution, motion, amendment, 
     amendment between the Houses, or conference report that would 
     increase the net level of direct spending, excluding net 
     interest, relative to the most recent Congressional Budget 
     Office baseline during any period in which the gross Federal 
     debt is greater than 100 percent of the gross domestic 
     product of the United States in the prior year.
       (2) Determination of gross federal debt as a percent of 
     gross domestic product.--For purposes of this section, the 
     percent of total gross Federal debt as a percent of gross 
     domestic product shall be determined by the Chairman of the 
     Committee on the Budget of the Senate on the basis of the 
     most recently published Congressional Budget Office estimate 
     of nominal gross domestic product in the prior calendar year.
       (b) Waiver and Appeal.--Subsection (a) may be waived or 
     suspended in the Senate only by an affirmative vote of three-
     fifths of the Members, duly chosen and sworn. An affirmative 
     vote of three-fifths of the Members of the Senate, duly 
     chosen and sworn, shall be required to sustain an appeal of 
     the ruling of the Chair on a point of order raised under 
     subsection (a).
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