Text: H.Res.360 — 113th Congress (2013-2014)All Bill Information (Except Text)

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Introduced in House (09/26/2013)


113th CONGRESS
1st Session
H. RES. 360

Expressing the sense of the House of Representatives that Congress should retain its authority to borrow money on the credit of the United States and not cede this power to the President.


IN THE HOUSE OF REPRESENTATIVES
September 26, 2013

Mr. Fleming (for himself, Mr. Roe of Tennessee, Mr. Carter, Mr. Gosar, Mr. Marino, Mr. Culberson, Mr. LaMalfa, Mr. Gohmert, Mr. Posey, Mrs. Bachmann, Mr. Stutzman, Mr. Cassidy, Mr. Stockman, and Mrs. Lummis) submitted the following resolution; which was referred to the Committee on Ways and Means


RESOLUTION

Expressing the sense of the House of Representatives that Congress should retain its authority to borrow money on the credit of the United States and not cede this power to the President.

Resolved, That it is the sense of the House of Representatives that the Congress should retain its authority vested in article 1, section 8 of the Constitution to “borrow money on the credit of the United States” and not surrender its authority to establish the debt limit of the United States to the Executive Branch or allow the President to raise the debt ceiling unilaterally.