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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
You can read the bill
Sponsor Pat Roberts, R-Kan.
Total Cosponsors 9 (All Republicans)
Introduced Jan. 23, 2013
Latest Major Action Jan. 23, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

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: Congressional Research Service)

Bill Actions

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