H. R. 1245
IN THE HOUSE OF REPRESENTATIVES
March 4, 2015
Mr. Grayson introduced the following bill; which was referred to the Committee on Ways and Means
Eliminating the debt ceiling for a period defined, and for other purposes.
This Act may be cited as the
Fiscal Sanity Act for the National Debt.
Nonapplicability of debt ceiling
Section 3101(b) of title 31, United States Code, shall not apply for the period beginning on the date of the enactment of this Act and ending 330 days thereafter.