CAP the DEBT Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 10, 2009)
Control America's Purse-strings to Deliver a Better Tomorrow Act or the CAP the DEBT Act - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives and in the Senate to consider any bill, joint resolution, amendment, or conference report increasing the statutory limit on the public debt if there is any other matter in such measure.
Requires a two-thirds recorded vote of Members in the House and a roll call vote of at least two-thirds of the Members of the Senate before legislation increasing the statutory limit on the public debt may be considered as passed or agreed to in either chamber.
Permits a successful appeal from the ruling of the Chair in the Senate on such prohibition, but only by an affirmative roll call vote of two-thirds of its Members.
Repeals Rule XXVIII (Statutory Limit on Public Debt) of the Rules of the House, and known as the "Gephardt Rule," providing for mandatory adjustment of the statutory limit on the public debt to conform to a budget resolution.
What just happenedDec 10, 2009
Referred to House Budget
Who’s behind it
- Introduced in HouseDec 10, 2009
- Dec 10, 2009IntroReferralH11100
Referred to House Budget
Budget Committee - Dec 10, 2009IntroReferralH11100-A
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Dec 10, 2009IntroReferralH11100
Referred to House Rules
Rules Committee - Dec 10, 2009IntroReferralIntro-H
Introduced in House
- Dec 10, 2009IntroReferral1000
Introduced in House