H.R.1954: To implement the President's request to increase the statutory limit on the public debt.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about economics and public finance
  • Introduced May 24, 2011
  • Latest Major Action May 31, 2011

Bill Sponsor

Bill Summary

Increases the statutory limit on the public debt from $14.294 trillion to $16.7 trillion.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with H.R.1954.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.1954.

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Mr. Camp moved to suspend the rules and pass the bill.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 1954.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business.
On motion to suspend the rules and pass the bill Failed by the Yeas and Nays: (2/3 required): 97 - 318, 7 Present (Roll no. 379).
Motion to reconsider laid on the table Agreed to without objection.
May 24, 2011

Introduced in the House by Dave Camp (R-Mich.)

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