A 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 President.

Expresses the sense of the Senate that Congress should: (1) not relinquish its long utilized authority vested in the U.S. Constitution to borrow money on the credit of the United States by refusing to debate, amend, and vote on a bill to address the debt limit; and (2) not provide the executive branch with exclusive power to issue debt on behalf of the federal government.