To increase the statutory limit on the public debt, increase job creation, and reduce projected medium and long-term Federal budget deficits and debt.
Don't Default on America's Debts and Destroy American Jobs Act of 2011 - Increases the statutory limit on the public debt from $14.294 trillion to $16.7 trillion.
Declares the sense of Congress that the congressional recess scheduled for August 2011 should be cancelled and that Congress should remain in official session until legislation is passed to: (1) increase job creation and reduce unemployment, and (2) reduce projected medium- and long-term federal budget deficits and debt.
Motion to reconsider laid on the table Agreed to without objection.
Referred to the House Committee on Ways and Means.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 94.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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