Eliminating the debt ceiling for a period defined, and for other purposes.
Section 1
Short title
This Act may be cited as the “Fiscal Sanity Act for the National Debt”.
Sec. 2
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 365 days thereafter.