Foreign Debt Ceiling Act of 2005

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) convene an emergency meeting of the Trade Policy Review Group to develop a plan of action to reduce the U.S. trade deficit; and (2) report to Congress on the details of the plan.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 10 February 2005

   Introduced

   Read twice and referred to the Committee on Foreign Relations.

   Source: IntroReferral

2. 10 February 2005

   Introduced

   Sponsor introductory remarks on measure. (CR S1284-1285)

   Source: IntroReferral

3. 10 February 2005

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 10 February 2005 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 February 2005

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 February 2005

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 10 February 2005

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Dorgan, Byron L. [D-ND] · D · Sponsor
• Sen. Clinton, Hillary Rodham [D-NY] · D · Sponsor
• · ssfr00 · Standing

Related records

• related to → Foreign Debt Ceiling Act of 2005