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Searching...- Bills
- H.R.746
H.R.746: Foreign Debt Ceiling Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about congress
- Introduced Feb. 10, 2005
- Latest Major Action March 3, 2005
Bill Sponsor
Bill Cosponsors
10 (All Democrats)
Bill Summary
Foreign Debt Ceiling Act of 2005 - Requires the U.S. Trade Representative (USTR), every three months, to determine if: (1) the net U.S. foreign debt for the preceding 12-month period is more than 25 percent of the U.S. Gross Domestic Product (GDP) for the same period; or (2) the U.S. trade deficit for such period is more than five percent of the GDP for the same period. Requires the USTR, whenever an affirmative determination is made, to: (1)...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Ways and Means.
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Referred to the Subcommittee on Trade.
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| Feb. 10, 2005 |
Introduced in the House by Benjamin L. Cardin (D-Md.) |