H.R.2156 - To provide for a temporary increase in the public debt limit.108th Congress (2003-2004)
|Sponsor:||Rep. Rangel, Charles B. [D-NY-15] (Introduced 05/20/2003)|
|Committees:||House - Ways and Means; Budget|
|Latest Action:||05/20/2003 Referred to the Committee on Ways and Means, 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.|
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.R.2156 — 108th Congress (2003-2004)All Bill Information (Except Text)
Introduced in House (05/20/2003)
Provides for a temporary increase in the public debt limit by $375 billion.
Requires the President to submit a ten-year plan to Congress that will bring the Federal unified budget into balance by FY 2008 and, thereafter, make uninterrupted progress in reducing the use of Social Security trust fund surpluses to finance the deficit in the non-Social-Security budget.