[Pages S16926-S16927]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   THE PUBLIC DEBT LIMIT ACT OF 1995

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                       ABRAHAM AMENDMENT NO. 3052

  Mr. ABRAHAM proposed an amendment to the bill (H.R. 2586) to provide 
for a temporary increase in the public debt limit, and for other 
purposes; as follows:


[[Page S 16927]]

       Strike title II.
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                      MOYNIHAN AMENDMENT NO. 3053

  Mr. MOYNIHAN proposed an amendment to the bill H.R. 2586, supra; as 
follows:

       Strike all after the enacting clause and insert the 
     following:

     SECTION 1. TEMPORARY INCREASE IN PUBLIC DEBT LIMIT.

       During the period beginning on the date of the enactment of 
     this Act and ending on the later of--
       (1) December 12, 1995, or
       (2) the 30th day after the date on which a budget 
     reconciliation bill is presented to the President for his 
     signature, the public debt limit set forth in subsection (b) 
     of section 3101 of title 31, United States Code, shall be 
     temporarily increased to $4,967,000,000,000, or, if greater, 
     the amount reasonably necessary to meet all current spending 
     requirements of the United States (and to ensure full 
     investment of amounts credited to trust funds or similar 
     accounts as required by law) through such period.

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