Budget Before Borrowing Act of 2013

Bill: 113-hr-326
Sponsor: full_name: Rep. Lamborn, Doug [R-CO-5]
Introduced: 2013-01-22
Policy area: Economics and Public Finance
Subjects: Budget deficits and national debt

Budget process

Legislative rules and procedure
Latest action: action_date: 2013-01-22
text: Referred to the Committee on Rules, and in addition to the Committee on 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.

Summaries:
action_date: 2013-01-22
action_desc: Introduced in House
text: <p>Budget Before Borrowing Act of 2013 - Amends the Congressional Budget Act of 1974 to make it out of order in both chambers to consider any bill or joint resolution, amendment, or conference report to extend the public debt limit unless a concurrent resolution on the budget has been agreed to and is in effect for the fiscal year during which such measure is being considered.</p> <p>Permits: (1) waiver or suspension of this prohibition in either chamber only by an affirmative vote of two-thirds of its Members, and (2) its successful appeal from the ruling of the Chair in the Senate only by an affirmative vote of two-thirds of its Members.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 326 IN THE HOUSE OF REPRESENTATIVES January 22, 2013 Mr. Lamborn introduced the following bill; which was referred to the Committee on Rules , and in addition to the Committee on 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 establish a point of order to prohibit the extension of the public debt limit unless a concurrent resolution on the budget has been agreed to and is in effect.

1. Short title This Act may be cited as the Budget Before Borrowing Act of 2013 . 2. Point of order against consideration of debt limit extension Section 312 of the Congressional Budget Act of 1974 is amended by adding at the end the following new subsection: (g) Point of order against consideration of debt limit extension (1) It shall not be in order in the House of Representatives or the Senate to consider any bill or joint resolution, or amendment thereto or conference report thereon, to extend the public debt limit unless a concurrent resolution on the budget has been agreed to and is in effect for the fiscal year during which such measure is being considered. (2) Paragraph (1) may be waived or suspended in the House of Representatives or the Senate only by the affirmative vote of two-thirds of its Members, duly chosen and sworn. (3) An affirmative vote of two-thirds of the Members, duly chosen and sworn, shall be required in the Senate to sustain an appeal of the ruling of the Chair on a point of order under paragraph (1). .