Bill > HRes456

This Resolution sets the stage for the House of Representatives to consider H.R. 3746, a bill aimed at responsibly raising the nation's debt ceiling. The debt ceiling is a legal limit on the total amount of money the U.S. government can borrow to meet its existing legal obligations, such as Social Security benefits and military salaries. This resolution waives all procedural objections that could prevent the bill from being considered, makes a specific proposed amendment automatically part of the bill, and allows the bill, as amended, to be considered as if it has been read aloud. It also waives further procedural objections to the bill's contents and establishes that a final vote will occur after a limited debate period controlled by the House Committee on Ways and Means (which handles tax and revenue policy) and one opportunity for a motion to send the bill back for further review.