Affirming the constitutional power of Congress over the Nation's debts.

Summary

Affirms that: (1) the Constitution gives Congress power over the nation's debts; (2) limiting the debt is an essential exercise of this authority; and (3) removing limitations on the debt would inappropriately cede this authority, remove a critical check on future increases in deficit spending and the national debt, and potentially exacerbate the already unsustainable fiscal position of the United States and its national security.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 10 October 2017

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• Introduced in House (PDF)

  Introduced in House · EN · 10 October 2017

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• Introduced in House

  summary · EN · 10 October 2017

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