[Congressional Record Volume 167, Number 41 (Thursday, March 4, 2021)]
[Senate]
[Page S1198]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 939. Mr. SCOTT, of Florida submitted an amendment intended to be 
proposed to amendment SA 891 proposed by Mr. Schumer to the bill H.R. 
1319, to provide for reconciliation pursuant to title II of S. Con. 
Res. 5; which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. POINT OF ORDER RELATING TO NATIONAL DEBT 
                   EMERGENCIES.

       (a) Definition.--In this section--
       (1) the term ``debt limit'' means the limitation imposed by 
     section 3101(b) of title 31, United States Code; and
       (2) the term ``national debt emergency period'' means any 
     period during which the Office of Management and Budget--
       (A) has determined that the amount of debt subject to the 
     debt limit has exceeded the nominal size of the gross 
     domestic product for 3 consecutive years; and
       (B) projects that the amount of debt subject to the debt 
     limit will continue to exceed the projected gross domestic 
     product for the next 5 consecutive years.
       (b) Point of Order.--During a national debt emergency 
     period, it shall not be in order in the Senate to consider 
     any bill, joint resolution, motion, amendment, amendment 
     between the Houses, or conference report--
       (1) that would suspend the debt limit for a period of more 
     than 90 days; or
       (2) for which the net budgetary effects are greater than 
     zero.
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