For the record and for clarity, we only got this document minutes before coming to the floor. It is hundreds of pages long; but if you turn to about page 70, you will see just for clarity our debt limit now is $6.4 trillion. Vote for this resolution and you will raise that to 7.384 trillion, 984 billion in 1 year. Over the next 10 years, the deficits entailed by this budget resolution will require the debt ceiling to be raised to $12.040 trillion. Those are your numbers in your resolution, and that is what you will be voting for if you vote to adopt this budget resolution.
John Spratt: “For the record and for clarity, we only got this document minutes before coming to the floor. It is hundreds of pages…”
On the recordApril 10, 2003
Source
govinfo.govEditor's note · Context
Discussing the implications of a budget resolution on the national debt limit.
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