There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/23/2013)

Increases the current public debt limit from $14.294 trillion to $16.994 trillion after the President certifies and submits to the states for ratification a joint resolution entitled:

  • "Joint resolution proposing a balanced budget amendment to the U.S. Constitution,"
  • "Joint resolution proposing a spending limit amendment to the U.S. Constitution," or
  • "Joint resolution proposing an amendment to the U.S. Constitution to restrict the power of Congress to enact legislation increasing any amount spent under entitlement programs or creating new entitlement programs."