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“Amendment SA 1758 not agreed to in Senate by Yea-Nay Vote. 46 - 53. Record Vote Number: 171.”
This amendment tried to set a limit on how much new debt Congress could add in the future. It would have allowed Senators to block any bill that added more debt over the next 30 years than the United States has built up in its entire 249-year history.
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“Amendment SA 1758 not agreed to in Senate by Yea-Nay Vote. 46 - 53. Record Vote Number: 171.”
This amendment tried to set a limit on how much new debt Congress could add in the future. It would have allowed Senators to block any bill that added more debt over the next 30 years than the United States has built up in its entire 249-year history.
The amendment was an attempt to force Congress to slow down its borrowing by comparing future debt projections to the country's entire historical debt. If it had passed, it could have been used to block major policy changes—like large social programs or significant tax cuts—that would be funded by borrowing.
This primarily affects lawmakers by changing the rules of debate. If enacted, it would have indirectly affected all Americans by making it much harder for Congress to pass laws that significantly increase the national debt.