H.R.2544 - Don't Default on America's Debts and Destroy American Jobs Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. McCollum, Betty [D-MN-4] (Introduced 07/14/2011)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 07/14/2011 Referred to the House Committee on Ways and Means. (All Actions)|
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Summary: H.R.2544 — 112th Congress (2011-2012)All Information (Except Text)
Introduced in House (07/14/2011)
Don't Default on America's Debts and Destroy American Jobs Act of 2011 - Increases the statutory limit on the public debt from $14.294 trillion to $16.7 trillion.
Declares the sense of Congress that the congressional recess scheduled for August 2011 should be cancelled and that Congress should remain in official session until legislation is passed to: (1) increase job creation and reduce unemployment, and (2) reduce projected medium- and long-term federal budget deficits and debt.