A resolution expressing the sense of the Senate that Congress holds the sole authority to borrow money on the credit of the United States and shall not cede this power to the President.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jan 23, 2013)
Expresses the sense of the Senate that Congress should: (1) not relinquish its long utilized authority vested in the U.S. Constitution to borrow money on the credit of the United States by refusing to debate, amend, and vote on a bill to address the debt limit; and (2) not provide the executive branch with exclusive power to issue debt on behalf of the federal government.
What just happenedJan 23, 2013
Referred to the Committee on Finance. (text of measure as introduced: CR S223-224)
Who’s behind it
- Introduced in SenateJan 23, 2013
- Jan 23, 2013IntroReferral
Referred to the Committee on Finance. (text of measure as introduced: CR S223-224)
- Jan 23, 2013IntroReferralB00100
Sponsor introductory remarks on measure. (CR S224-225)
- Jan 23, 2013IntroReferral10000
Introduced in Senate