Rand Paul: “I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is…”

“I ask unanimous consent that reading of the amendment be dispensed with. The PRESIDING OFFICER. Without objection, it is so ordered. The amendment is as follows: (Purpose: To implement the President's request to increase the statutory limit on the public debt) At the appropriate place, insert the following: SEC. __. INCREASE IN STATUTORY LIMIT ON THE PUBLIC DEBT. (a) Finding.--The Congress finds that the President's budget proposal, Budget of the United States Government, Fiscal Year 2012, necessitates an increase in the statutory debt limit of $2,406,000,000,000. (b) Increase.--Subsection (b) of section 3101 of title 31, United States Code, is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof ``$16,700,000,000,000''.”