Short-term Debt Limit Increase. This bill (H.R. 325), voted on in January 2013, would suspend the public debt limit through May 18, 2013 and in effect allow the Treasury Department to borrow as much as it needs in order to pay its bills over the next four months: February, March, April, and May. Another provision in the bill would withhold pay for representatives or senators if either house fails to approve a budget by April 15. The pay would be withheld for each member of Congress until his or her house agrees to a concurrent resolution on the budget for fiscal 2014 or until the last day of the 113th Congress.
The Senate passed H.R. 325 on January 31, 2013 by a vote of 64 to 34 (Roll Call 11). We have assigned pluses to the nays because the federal government should live within its means and because most of the spending responsible for the ballooning national debt is unconstitutional.
