,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #aigj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ad1 #bjac ,mr4  
,gohm]t introduc$ ! foll[+ bill2 :i* 0  
ref]r$ to ! ,committee on ,ways &       
,means1 & 9 addition to ! ,committee on 
,arm$ ,s]vices1 = a p]iod to be         
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to direct !        
,secret>y ( ! ,treasury to ensure t     
social security b5efits are paid1 to    
prioritize paym5ts :5 ! ,unit$ ,/ates is
 n able to issue new obligations due to 
! /atutory debt limit1 & to address a   
lapse 9 appropriations to fund ! ,arm$  
,=ces4  #a4 ,timely paym5t ( ,social    
,security b5efits if /atutory debt limit
 is rea*$  7a7 ,9 g5]al ,section #aade (
 ! ,social ,security ,act 7#db ,u4,s4,c4
 #acbj;b-#ae7 is am5d$--  7#a7 by       
r$esignat+ subsections 7b7 & 7c7 z      
subsections 7c7 & 7d71 respectively2 &  
7#b7 by ins]t+ aft] subsection 7a7 !    

foll[+ new subsection3  7b7 ,timely     
paym5t ( b5efits if /atutory debt limit 
is rea*$  7#a7 ,dis9ve/m5t ( fund to    
make curr5t b5efit paym5ts ,= ! purpose 
( mak+ paym5t ( ca% b5efits or          
adm9i/rative exp5ses dur+ any debt limit
 default p]iod1 public debt obligations 
held by ! applicable ,f$]al fund %all be
 sold or r$eem$ 9 an am\nt n to exce$ ! 
sum (--  7,a7 ! face am\nt ( obligations
 held by su* fund :i* mature dur+ su*   
mon?2 plus  7,b7 ! am\nt necess>y only =
 ! purpose ( mak+ paym5t ( su* b5efits  
or adm9i/rative exp5ses & only to !     
ext5t ca% assets ( ! applicable ,f$]al  
fund are n available dur+ su* p]iod =   
mak+ paym5t ( su* b5efits or            
adm9i/rative exp5ses4  7#b7 ,issuance ( 
correspond+ debt ,= purposes ( und]tak+ 
! sale or r$emption ( public debt       
obligations held by ! applicable ,f$]al 
fund pursuant to p>agraph 7#a71 !       
,secret>y ( ! ,treasury %all issue      
correspond+ public debt obligations to !
 public 9 ord] to obta9 ! am\nts        

necess>y = paym5t ( b5efits or          
adm9i/rative exp5ses f ! applicable     
,f$]al fund1 not)/&+ ! public debt      
limit4  7#c7 ,def9itions ,= purposes (  
?is subsection--  7,a7 ,debt limit      
default p]iod ,! t]m debt limit default 
p]iod means a p]iod = :i* ca% b5efits or
 adm9i/rative exp5ses w\ld n o!rwise be 
payable f ! applicable ,f$]al fund by   
reason ( an inability to issue fur!r    
public debt obligations because ( !     
public debt limit4  7,b7 ,applicable    
,f$]al fund ,! t]m applicable ,f$]al    
fund means a ,f$]al fund specifi$ 9     
p>agraph 7#a7 or 7#b7 ( subsection 7d74 
4  7b7 ,con=m+ am5dm5ts  7#a7 ,section  
#aade ( ! ,social ,security ,act1 z     
am5d$ by subsection 7a71 is am5d$--     
7,a7 by r$esignat+ subsection 7d7 z     
subsection 7e71 &  7,b7 by ins]t+ aft]  
subsection 7c7 ! foll[+ new subsection3 
7d7 ,public debt limit ,= purposes ( ?is
 section1 ! t]m public debt limit means 
! limitation e/abli%$ "u section #caja (
 title #ca1 ,unit$ ,/ates ,code1 z      

increas$ "u section #caja;,a ( su*      
title4  4  7#b7 ,section #aade7;c7 ( !  
,social ,security ,act1 z am5d$ by      
subsection 7a71 is am5d$ by /rik+       
e/abli%$ "u section #caja ( title #ca1  
,unit$ ,/ates ,code4  #b4               
,prioritization ( paym5ts 9 ev5t t      
/atutory debt limit is rea*$ ,section   
#caja ( title #ca1 ,unit$ ,/ates ,code1 
is am5d$ by add+ at ! end ! foll[+ new  
subsection3  7d7 ,9 ! ev5t t ! ,secret>y
 ( ! ,treasury is n able to issue       
obligations to make all paym5ts au?oriz$
 by law due to ! limitation "u          
subsection 7b7 7z increas$ "u section   
#caja;,a71 ! ,secret>y %all give equal  
priority to ! foll[+3 paym5ts ( pr9cipal
 & int]e/ on public debt2 paym5ts (     
am\nts t ! ,secret>y ( ,def5se 7& !     
,secret>y ( ,homel& ,security 9 ! case (
 ! ,coa/ ,gu>d7 det]m9es to be necess>y 
to cont9ue pay & all[ances 7)\t         
int]ruption7 to ! ,army1 ,navy1 ,air    
,=ce1 ,m>9e ,corps1 & ,coa/ ,gu>d1      
includ+ res]ve compon5ts !re(1 :o p]=m  

active s]vice2 paym5ts det]m9$ by !     
,presid5t 7& report$ to ! ,congress7 to 
be necess>y to cont9ue ,unit$ ,/ates    
priorities ( its vital national security
 int]e/s2 & paym5ts = items & s]vices "u
 title ,,xviii ( ! ,social ,security    
,act 7relat+ to ,m$ic>e74  4  #c4       
,cont9uance ( milit>y pay & all[ances   
dur+ p]iods ( laps$ appropriations  7a7 
,cont9uance ( pay ,*apt] #ai ( title    
#cg1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ at ! end ! foll[+ new section3     
#ajae4 ,cont9uance ( pay & all[ances    
dur+ p]iods ( laps$ appropriations  7a7 
,def9itions ,9 ?is section3  7#a7 ,! t]m
 milit>y p]sonnel acc\nts means !       
milit>y p]sonnel1 res]ve p]sonnel1 &    
,national ,gu>d p]sonnel acc\nts ( !    
,dep>tm5t ( ,def5se1 g5]ally title ,i ( 
an annual ,dep>tm5t ( ,def5se           
appropriations ,act1 & ! correspond+    
acc\nts = ! ,dep>tm5t ( ,homel&         
,security us$ to provide pay & all[ances
 = memb]s ( ! ,coa/ ,gu>d4  7#b7 ,! t]m 
pay & all[ances means basic pay1 bonuses

 & special pay1 all[ances & any o!r =ms 
( comp5sation available = memb]s ( !    
arm$ =ces "u ?is title or o!rwise paid f
 ! milit>y p]sonnel acc\nts4  7#c7 ,!   
t]m p]iod ( laps$ appropriations1 :5 us$
 ) respect to memb]s ( ! arm$ =ces1     
means any p]iod dur+ :i* appropriations 
are n available due to ! abs5ce ( !     
timely enactm5t ( any ,act or jo9t      
resolution 7includ+ any ,act or jo9t    
resolution mak+ cont9u+ appropriations7 
appropriat+ funds = ! paym5t ( ! pay &  
all[ances ( memb]s ( ! arm$ =ces4  7b7  
,appropriation ( funds ,to cont9ue      
paym5t ( pay & all[ances ,= any p]iod ( 
laps$ appropriations1 !re are           
appropriat$1 out ( any moneys 9 !       
,treasury n o!rwise appropriat$1 to !   
,secret>y ( ,def5se 7& ! ,secret>y (    
,homel& ,security 9 ! case ( ! ,coa/    
,gu>d7 to all[ ! ,secret>y ( ,def5se 7& 
! ,secret>y ( ,homel& ,security 9 ! case
 ( ! ,coa/ ,gu>d7 to cont9ue to provide 
pay & all[ances 7)\t int]ruption7 to    
memb]s ( ! ,unit$ ,/ates arm$ =ces4  7c7

 ,limitation on am\nts paid ,?is section
 only au?orizes ! exp5diture ( funds    
dur+ a p]iod ( laps$ appropriations = ! 
pay & all[ances ( a memb] ( ! arm$ =ces 
at a rate t is equal to ! rate 9 effect 
= t memb] imm$iately be=e ! />t ( !     
p]iod ( laps$ appropriations4 ,! rate = 
a memb] may nei!r exce$ ! rate 9 effect 
imm$iately be=e ! />t ( ! p]iod ( laps$ 
appropriations nor be less ?an t rate1  
unless r$uc$ by discipl9>y action "u !  
,uni=m ,code ( ,milit>y ,ju/ice4  7d7   
,relation to o!r pay au?orities ,?is    
section %all n be con/ru$ to affect !   
entitlem5t ( a memb] ( ! arm$ =ces to an
 am\nt ( pay & all[ances t exce$s !     
am\nt ( pay & all[ances au?oriz$ to be  
paid "u ?is section & to :i* ! memb]    
becomes entitl$ "u o!r applicable       
provisions ( law4  7e7 ,effect ( end (  
p]iod ( laps$ appropriations            
,exp5ditures made = any fiscal ye>      
pursuant to ?is section %all be *>g$ to 
! applicable appropriation1 fund1 or    
au?orization :5ev] ! regul>             

appropriation bill 7or o!r bill or jo9t 
resolution mak+ cont9u+ appropriations  
?r\gh ! end ( ! fiscal ye>7 becomes law4
  4  7b7 ,cl]ical am5dm5t ,! table (    
sections at ! beg9n+ ( su* *apt] is     
am5d$ by add+ at ! end ! foll[+ new     
item3  #ajae4 ,cont9uance ( pay &       
all[ances dur+ p]iods ( laps$           
appropriations4  4