,,iii  #aac? ,,congress  #a/ ,session   
,s4 ,,res4 #h  ,,9 ,,! ,,s5ate ,,( ,,!  
,,unit$ ,,/ates  ,janu>y #bc            
7legislative day1 ,janu>y #c71 #bjac    
,mr4 ,rob]ts 7= himself1 ,mr4 ,moran1   
,mr4 ,johanns1 ,mr4 ,johnson (          
,wiscons91 & ,mr4 ,cornyn7 submitt$ !   
foll[+ resolution2 :i* 0 ref]r$ to !    
,committee on ,f9ance  ,,resolution     
,express+ ! s5se ( ! ,s5ate t ,congress 
holds ! sole au?ority to borr[ money on 
! cr$it ( ! ,unit$ ,/ates & %all n c$e  
?is p[] to ! ,presid5t4  ,:]eas x is    
,congress' pr]ogative & duty to decide  
h[ mu* ! ,nation w borr[ & = :at        
purposes2 ,:]eas ,congress has !        
responsibility "u ! ,con/itution to     
regulate ! t]ms & conditions "u :i* !   
,nation borr[s funds2 ,:]eas ,congress  
has ! p[] & ! obligation to ensure t    
paym5ts are made on ! national debt2    
,:]eas ,congress is directly acc\ntable 
to ! p conc]n+ any tax & sp5d+ burd5s   
plac$ ^u ! public2 ,:]eas ^!            
,con/itutional p[]s & responsibilities  

create an appropriate *eck on !         
executive bran* & preclude ! ,presid5t f
 rais+ taxes & issu+ debt2 ,:]eas1 on   
,novemb] #bi1 #bjab1 ! ,secret>y ( !    
,treasury1 on behalf ( ! ,presid5t1     
propos$ t ,congress %\ld surr5d] its    
au?ority to e/abli% ! debt limit ( !    
,unit$ ,/ates to ! executive bran*2 &   
,:]eas = #f decades ,congress & !       
,presid5t h r\t9ely us$ ! necessity (   
increas+ ! debt limit z a vehicle =     
debate & broad] re=ms on ! pa? ( sp5d+ &
 future deficits3 ,n[1 !re=e1 be x  ,t x
 is ! s5se ( ! ,s5ate t ,congress--     
7#a7 %\ld n rel9qui% its long utiliz$   
au?ority ve/$ 9 article #a1 section #h (
 ! ,con/itution to borr[ money on !     
cr$it ( ! ,unit$ ,/ates by refus+ to    
debate1 am5d1 & vote on a bill to       
address ! debt limit2 &  7#b7 %\ld n    
provide ! executive bran* ) exclusive   
p[] to issue debt on behalf ( ! ,unit$  
,/ates ,gov]nm5t4