I 

113TH CONGRESS 

1ST SESSION H. R. 319 

To amend the Congressional Budget Act of 1974 to provide for an expedited 

process for increasing the statutory limit on the public debt. 

IN THE HOUSE OF REPRESENTATIVES 

JANUARY 18, 2013 

Mr. ISSA introduced the following bill; which was referred to the Committee 

on Ways and Means, and in addition to the Committees on Rules and 

the Budget, for a period to be subsequently determined by the Speaker, 

in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To amend the Congressional Budget Act of 1974 to provide 

for an expedited process for increasing the statutory 

limit on the public debt. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. DEBT INCREASE AS MEASURE OF DEFICIT. 

4 (a) CONTENT FOR THE CONCURRENT RESOLUTION

5 ON THE BUDGET.—Section 301(a) of the Congressional 

6 Budget Act of 1974 is amended— 

7 (1) in paragraph (6), by striking ‘‘; and’’ and 

8 inserting a semicolon; 


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•HR 319 IH

1 (2) in paragraph (7), by striking the period at 

2 the end and inserting ‘‘; and’’; and 

3 (3) by inserting after paragraph (7) the fol4 lowing new paragraph: 

5 ‘‘(8) a heading entitled ‘Debt Increase as Meas6 ure of Deficit’ which sets forth the amounts by 

7 which the public debt limit (in section 3101(b) of 

8 title 31 of the United States Code) shall increase in 

9 each of such years.’’. 

10 (b) CONFORMING AMENDMENT.—Section 301(b) of 

11 the Congressional Budget Act of 1974 is amended by 

12 striking paragraph (5) and redesignating the succeeding 

13 paragraphs accordingly. 

14 SEC. 2. CONSIDERATION OF DEBT SUBJECT TO LIMIT. 

15 (a) CONSIDERATION.—Section 305(a) of the Con16 gressional Budget Act of 1974 is amended by redesig17 nating paragraph (7) as paragraph (8) and by inserting 

18 after paragraph (6) the following new paragraph: 

19 ‘‘(7) Upon passage in the House of Representa20 tive of the conference report on any concurrent reso21 lution on the budget, it shall be immediately in order 

22 to consider a privileged bill offered by the chairman 

23 of the Committee on the Budget amending the debt 

24 subject to limit (in section 3101 of title 31 of the 

25 United States Code) at the level proposed under the 


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•HR 319 IH

1 heading ‘Debt Increase as a Measure of Deficit’ for 

2 the fiscal year of the concurrent resolution on the 

3 budget. Debate on the bill shall be limited to not 

4 more than 1 hour. The bill shall not be amendable 

5 and a motion to commit shall not be in order.’’. 

6 (b) CONSIDERATION.—Section 305 of the Congres7 sional Budget Act of 1974 is amended by inserting at the 

8 end the following new subsection: 

9 ‘‘(e) ACTION ON DEBT SUBJECT TO LIMIT.—(1) Ex10 cept as provided in paragraph (2), the provisions of this 

11 section for the consideration of the conference report on 

12 any concurrent resolution shall also apply to the consider13 ation in the Senate of a bill passed by the House of Rep14 resentatives pursuant to subsection (a)(7). 

15 ‘‘(2) It shall not be in order in the Senate to consider 

16 a bill pursuant to paragraph (1) before the passage of the 

17 conference report on the concurrent resolution on the 

18 budget for the fiscal year of the concurrent resolution on 

19 the budget.’’. 

20 SEC. 3. INCREASE OF DEBT SUBJECT TO LIMIT. 

21 Section 3101(b) of title 31, United States Code, is 

22 amended by striking the dollar limitation contained there23 in and inserting ‘‘$17,072,810,000,000’’. 

Æ 


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