,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #bcc  ,,in ,,the ,,house ,,of   
,,representatives  ,january #ad1 #bjac  
,mr4 ,honda introduced the following    
bill2 which was referred to the         
,committee on ,ways and ,means1 and in  
addition to the ,committee on ,rules1   
for a period to be subsequently         
determined by the ,speaker1 in each case
 for consideration of such provisions as
 fall within the jurisdiction of the    
committee concerned  ,a ,,bill  ,to     
amend chapter #ca of title #ca1 ,united 
,states ,code1 to provide for an orderly
 process by which the debt ceiling is   
increased4  #a4 ,extension of           
presidential modification of the debt   
ceiling  7a7 ,in general ,chapter #ca of
 title #ca1 ,united ,states ,code1 is   
amended by inserting after section      
#caja;,a the following new section3     
#caja;,b4 ,extension of presidential    
modification of the debt ceiling  7a7   
,extension of debt limit ,whenever the  
,president submits a written            

certification to ,congress that the     
,president has determined that the debt 
subject to limit is within              
#ajj1jjj1jjj1jjj of the limit in section
 #caja7;b7 and that further borrowing is
 required to meet existing commitments1 
the ,secretary of the ,treasury may     
exercise authority to borrow an         
additional amount that the ,secretary   
estimates is sufficient to meet         
commitments for one year1 subject to the
 enactment of a joint resolution of     
disapproval enacted pursuant to this    
section4 ,the written certification     
shall also contain the amount that the  
,secretary so estimates is sufficient4  
7b7 ,joint resolution of disapproval    
7#a7 ,in general ,the debt limit may not
 be raised under this section if1 within
 #ej calendar days after the date on    
which ,congress receives a certification
 described in subsection 7a71 there is  
enacted into law a joint resolution     
disapproving the ,president's exercise  
of authority with respect to such       

additional amount4  7#b7 ,contents of   
joint resolution ,for the purpose of    
this section1 the term joint resolution 
means only a joint resolution--  7,a7   
for the certification described in      
subsection 7a72  7,b7 which does not    
have a preamble2  7,c7 the title of     
which is only as follows3 ,joint        
resolution relating to the disapproval  
of the ,president's exercise of         
authority to increase the debt limit by 
1 as submitted under section #caja;,b of
 title #ca1 ,united ,states ,code1 on   
7with the first blank containing the    
amount of such proposed increase and the
 second blank containing the date of    
such submission72 and  7,d7 the matter  
after the resolving clause of which is  
only as follows3 ,that ,congress        
disapproves of the ,president's exercise
 of authority to increase the debt      
limit1 as exercised pursuant to the     
certification under section #caja;,b7a7 
of title #ca1 ,united ,states ,code44   
7c7 ,expedited consideration2 amendment 

not in order2 coordination with action  
by other ,house ,the provisions of      
subsections 7c71 7d71 7e71 and 7f7 of   
section #caja;,a shall apply to any     
joint resolution of disapproval under   
this section1 except that--  7#a7 the   
date set forth in section 7d77#c7 of    
such section2  7#b7 the exception for   
the #djj1jjj1jjj1jjj increase described 
in subsection 7f77#e7 of such section2  
and  7#c7 subsection 7f77#f72  shall be 
inapplicable4  4  7b7 ,rules of the     
,house of ,representatives and ,senate  
,section #caja;,a7g7 is amended by      
inserting and subsections 7b7 and 7c7 of
 section #caja;,b before are enacted by 
,congress4  7c7 ,conforming amendment   
,the table of sections for chapter #ca  
of title #ca1 ,united ,states ,code1 is 
amended by inserting after the item     
relating to section #caja;,a the        
following new item3  #caja;,b4          
,extension of presidential modification 
of the debt ceiling4  4