S.RES.8: A resolution expressing the sense of the Senate that Congress holds the sole authority to borrow money on the credit of the United States and shall not cede this power to the President.

About This Bill

  • This bill was introduced in the 113th Congress
  • This bill is primarily about economics and public finance
  • Introduced Jan. 23, 2013
  • Latest Major Action Jan. 23, 2013

Bill Sponsor

Bill Summary

Expresses the sense of the Senate that Congress should: (1) not relinquish its long utilized authority vested in the U.S. Constitution to borrow money on the credit of the United States by refusing to debate, amend, and vote on a bill to address the debt limit; and (2) not provide the executive branch with exclusive power to issue debt on behalf of the federal government.

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 23, 2013
Referred to the Committee on Finance. (text of measure as introduced: CR S223-224)
Jan. 23, 2013

Introduced in the Senate by Pat Roberts (R-Kan.)

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