,,ii ,calendar ,no4 #dj #aahth          
,,congress  #ast ,session  ,s4 #acie    
,,in ,,the ,,senate ,,of ,,the ,,united 
,,states  ,may #a1 #bjbc,mr4 ,schumer   
7for himself1 ,mrs4 ,murray1 ,mr4       
,wyden1 and ,mr4 ,whitehouse7 introduced
 the following bill2 which was read the 
first time  ,may #b1 #bjbc,read the     
second time and placed on the calendar  
,a ,,bill  ,to temporarily suspend the  
debt limit through ,december #ca1 #bjbd4
  #a4 ,temporary extension of public    
debt limit  7a7 ,in general ,section    
#caja7;b7 of title #ca1 ,united ,states 
,code1 shall not apply for the period   
beginning on the date of enactment of   
this ,act and ending on ,december #ca1  
#bjbd4  7b7 ,special rule relating to   
obligations issued during extension     
period ,effective on ,january #a1 #bjbe1
 the limitation in effect under section 
#caja7;b7 of title #ca1 ,united ,states 
,code1 shall be increased to the extent 
that-- 7#a7 the face amount of          
obligations issued under chapter #ca of 

such title and the face amount of       
obligations whose principal and interest
 are guaranteed by the ,united ,states  
,government 7except guaranteed          
obligations held by the ,secretary of   
the ,treasury7 outstanding on ,january  
#a1 #bjbe1 exceeds  7#b7 the face amount
 of such obligations outstanding on the 
date of enactment of this ,act4  7c7    
,extension limited to necessary         
obligations ,an obligation shall not be 
taken into account under subsection     
7b77#a7 unless the issuance of such     
obligation was necessary to fund a      
commitment incurred pursuant to law by  
the ,federal ,government that required  
payment before ,january #a1 #bjbe4  ,may
 #b1 #bjbc,read the second time and     
placed on the calendar