On the recordJune 8, 2011
Mr. President, 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''.
Source
govinfo.gov




