,,iii #aacth ,,congress #ast ,session ,s4 ,,res4 #h ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #bc 7legislative day1 ,january #c71 #bjac ,mr4 ,roberts 7for himself1 ,mr4 ,moran1 ,mr4 ,johanns1 ,mr4 ,johnson of ,wisconsin1 and ,mr4 ,cornyn7 submitted the following resolution2 which was referred to the ,committee on ,finance ,,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 ,president4 ,whereas it is ,congress' prerogative and duty to decide how much the ,nation will borrow and for what purposes2 ,whereas ,congress has the responsibility under the ,constitution to regulate the terms and conditions under which the ,nation borrows funds2 ,whereas ,congress has the power and the obligation to ensure that payments are made on the national debt2 ,whereas ,congress is directly accountable to the people concerning any tax and spending burdens placed upon the public2 ,whereas these ,constitutional powers and responsibilities create an appropriate check on the executive branch and preclude the ,president from raising taxes and issuing debt2 ,whereas1 on ,november #bi1 #bjab1 the ,secretary of the ,treasury1 on behalf of the ,president1 proposed that ,congress should surrender its authority to establish the debt limit of the ,united ,states to the executive branch2 and ,whereas for #f decades ,congress and the ,president have routinely used the necessity of increasing the debt limit as a vehicle for debate and broader reforms on the path of spending and future deficits3 ,now1 therefore1 be it ,that it is the sense of the ,senate that ,congress-- 7#a7 should not relinquish its long utilized authority vested in article #a1 section #h of the ,constitution to borrow money on the credit of the ,united ,states by refusing to debate1 amend1 and vote on a bill to address the debt limit2 and 7#b7 should not provide the executive branch with exclusive power to issue debt on behalf of the ,united ,states ,government4