S. 3664 · 112th Congress
A bill to provide for debt limit extensions.
- Stage
- Introduced
- Sponsor
- Harry Reid
- Introduced
- 2012-12-06
- Latest action
- 2012-12-10 · Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 560.
Summary
Authorizes an increase in the public debt limit by an Executive order of the President.
(Currently, a public debt increase is limited to the congressional budget process, a presidential modification of the debt ceiling procedures subject to a joint resolution of disapproval, or otherwise.)