H. R. 1954
IN THE HOUSE OF REPRESENTATIVES
May 24, 2011
Mr. Camp introduced the following bill; which was referred to the Committee on Ways and Means
To implement the President’s request to increase the statutory limit on the public debt.
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.
Increase in statutory limit on the public debt
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