Madam President, I call up my amendment No. 1758 and ask that it be reported by number. The PRESIDING OFFICER. The clerk will report the amendment by number. The legislative clerk read as follows: The Senator from Oregon [Mr. Merkley] proposes an amendment numbered 1758 to amendment No. 1717. The amendment is as follows: (Purpose: To create a point of order against legislation that would create more debt over a 30-year period than has accumulated over the past 249 years) At the appropriate place, insert the following: SEC. __. POINT OF ORDER AGAINST ADDING MORE TO OUR DEBT IN ONE BILL THAN HAS ACCUMULATED SINCE THE NATION'S FOUNDING. (a) Point of Order.--It shall not be in order in the Senate to consider any bill, joint resolution, motion, amendment, amendment between the Houses, or conference report that would cause the Federal debt held by the public at the conclusion of the 30-fiscal year period beginning with the budget year provided for in the most recently adopted concurrent resolution on the budget in the Senate to increase by more than the amount of the gross debt accrued since July 4, 1776, relative to the baseline of the Congressional Budget Office prepared in accordance with section 257 of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 907). (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn.…
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