joint resolution Progress
- Not enactedThe President has not signed this bill
- The senate has not voted
- The house Passed October 30th, 2013Roll Call Vote 222 Yea / 191 Nay
Committee on Ways and MeansIntroducedOctober 28th, 2013
- house Committees
U.S. law says Congress must approve the amount the U.S. borrows. The President’s suspension of the debt ceiling, grants him a “blank check” to borrow more and overspend.
The President’s decision to suspend the debt ceiling is necessary to preserve jobs and the economy’s health. Without more loans, the U.S. will default and fall into more financial turmoil.