,,ia #aacth ,,congress #ast ,session ,h4 ,j4 ,,res4 #eg ,,in ,,the ,,house ,,of ,,representatives ,august #a1 #bjac ,mr4 ,neugebauer introduced the following joint resolution2 which was referred to the ,committee on the ,judiciary ,,joint ,,resolution ,proposing an amendment to the ,constitution of the ,united ,states to require a two-thirds vote of each ,house of ,congress to increase the statutory limit on the public debt4 ,that the following article is proposed as an amendment to the ,constitution of the ,united ,states1 which shall be valid to all intents and purposes as part of the ,constitution when ratified by the legislatures of three-fourths of the several ,states within seven years after the date of its submission for ratification3 -- #a4 ,congress shall1 by law1 establish a statutory limit on the public debt4 ,if such a limit is in effect upon the date of adoption of this article1 that limit shall be the limit for purposes of this section4 #b4 ,the statutory limit on the public debt may only be increased by the passage of legislation upon the affirmative vote of two-thirds of the ,members of each ,house1 a quorum being present4 4