H.R. 1237 — Introduced in House

I 114th CONGRESS 1st Session H. R. 1237 IN THE HOUSE OF REPRESENTATIVES March 4, 2015 Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means A BILL Eliminating the debt ceiling for a period defined, and for other purposes. 1. Short title This Act may be cited as the Fiscal Sanity Act for the National Debt. 2. Nonapplicability of debt ceiling Section 3101(b) of title 31, United States Code, shall not apply for the period beginning on the date of the enactment of this Act and ending 90 days thereafter.