,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #ccgb  ,,in ,,the ,,house ,,of  
,,representatives  ,october #bi1        
#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     
provide a process for ensuring the      
,united ,states does not default on its 
obligations4  #a4 ,short title ,this    
,act may be cited as the ,pay ,our      
,bills ,act4  #b4 ,additional           
,presidential modification of the debt  
ceiling  7a7 ,in general ,subchapter ,i 
of chapter #ca of subtitle ,,iii of     
title #ca1 ,united ,states ,code1 is    
amended-- 7#a7 in section #caja7;b71 by 
inserting or #caja;,b after section     
#caja;,a2 and  7#b7 by inserting after  
section #caja;,a the following3         

#caja;,b4 ,additional ,presidential     
modification of the debt ceiling  7a7   
,in general  7#a7 ,certification ,if 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 under     
section #caja7;b7 and that further      
borrowing1 in an amount specified in the
 certification1 is required to meet     
existing commitments1 the ,secretary of 
the ,treasury may1 unless a joint       
resolution of disapproval is enacted    
pursuant to this section1 exercise      
authority to borrow an additional amount
 equal to the amount specified in the   
certification4  7#b7 ,resolution of     
disapproval ,congress may consider a    
joint resolution of disapproval of the  
authority under paragraph 7#a7 as       
provided in subsections 7c7 through 7g74
 ,if the time for disapproval has lapsed
 without enactment of a joint resolution
 of disapproval under this section1 the 

debt limit is increased by the amount   
authorized under paragraph 7#a74  7b7   
,suspension  7#a7 ,in general ,section  
#caja7;b7 shall not apply for the period
 beginning on the date on which the     
,president submits to ,congress a       
certification under subsection 7a7 and  
ending on the earlier of-- 7,a7 the date
 that is #ae calendar days after        
,congress receives the certification1   
determined in accordance with subsection
 7g77#d77;,a72 or  7,b7 the date of     
enactment of a joint resolution         
disapproving the ,president's exercise  
of authority with respect to the debt   
limit under that certification4  7#b7   
,special rule relating to obligations   
issued during suspension period         
,effective on the day after the         
applicable date described in paragraph  
7#a71 the limitation in section         
#caja7;b71 as increased under any       
provision of law1 is increased to the   
extent that-- 7,a7 the face amount of   
obligations issued under this chapter   

and the face amount of obligations whose
 principal and interest are guaranteed  
by the ,united ,states ,government      
7except guaranteed obligations held by  
the ,secretary of the ,treasury7        
outstanding on the calendar day after   
the date described in paragraph 7#a7 of 
this subsection1 exceeds  7,b7 the face 
amount of such obligations outstanding  
on the date on which the ,president     
submits the applicable certification4   
,an obligation shall not be taken into  
account under subparagraph 7,a7 unless  
the issuance of such obligation was     
necessary to fund a commitment incurred 
by the ,federal ,government that        
required payment before the day after   
the applicable date described in        
paragraph 7#a74  7c7 ,joint resolution  
of disapproval  7#a7 ,in general ,except
 as provided in subsection 7b77#b71 the 
debt limit shall not be increased under 
this section if1 within #ae calendar    
days after ,congress receives the       
certification described in subsection   

7a77#a7 7regardless of whether ,congress
 is in session71 there is enacted into  
law a joint resolution disapproving the 
,president's exercise of authority with 
respect to such increase4  7#b7         
,contents of joint resolution ,for the  
purpose of this section1 the term joint 
resolution means only a joint           
resolution-- 7,a7 that is introduced    
between the date a certification        
described in subsection 7a77#a7 is      
received and #c calendar days after that
 date2  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 limit1 as submitted   
under section #caja;,b of title #ca1    
,united ,states ,code1 on  7with the    
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 submitted
 under section #caja;,b7a7 of title #ca1
 ,united ,states ,code1 on 4 7with the  
blank containing the date of such       
submission74  7d7 ,expedited            
consideration in ,house of              
,representatives  7#a7 ,reconvening     
,upon receipt of a certification        
described in subsection 7a77#a71 the    
,speaker1 if the ,house would otherwise 
be adjourned1 shall notify the ,members 
of the ,house that1 pursuant to this    
section1 the ,house shall convene not   
later than the second calendar day after
 receipt of such certification4  7#b7   
,reporting and discharge ,any committee 
of the ,house of ,representatives to    
which a joint resolution is referred    
shall report it to the ,house without   
amendment not later than #e calendar    
days after the date of introduction of  
the joint resolution4 ,if a committee   
fails to report the joint resolution    
within that period1 the committee shall 

be discharged from further consideration
 of the joint resolution and the joint  
resolution shall be referred to the     
appropriate calendar4  7#c7 ,proceeding 
to consideration ,after each committee  
authorized to consider a joint          
resolution reports it to the ,house or  
has been discharged from its            
consideration1 it shall be in order1 not
 later than the sixth day after         
introduction of the joint resolution1 to
 move to proceed to consider the joint  
resolution in the ,house4 ,all points of
 order against the motion are waived4   
,such a motion shall not be in order    
after the ,house has disposed of a      
motion to proceed on a joint resolution 
addressing a particular submission4 ,the
 previous question shall be considered  
as ordered on the motion to its adoption
 without intervening motion4 ,the motion
 shall not be debatable4 ,a motion to   
reconsider the vote by which the motion 
is disposed of shall not be in order4   
7#d7 ,consideration ,the joint          

resolution shall be considered as read4 
,all points of order against the joint  
resolution and against its consideration
 are waived4 ,the previous question     
shall be considered as ordered on the   
joint resolution to its passage without 
intervening motion except #b hours of   
debate equally divided and controlled by
 the proponent and an opponent4 ,an     
amendment to the joint resolution or a  
motion to reconsider the vote on passage
 of the joint resolution shall not be in
 order4  7e7 ,expedited procedure in    
,senate  7#a7 ,reconvening ,upon receipt
 of a certification under subsection    
7a77#a71 if the ,senate has adjourned or
 recessed for more than #b days1 the    
majority leader of the ,senate1 after   
consultation with the minority leader of
 the ,senate1 shall notify the ,members 
of the ,senate that1 pursuant to this   
section1 the ,senate shall convene not  
later than the second calendar day after
 receipt of such message4  7#b7         
,placement on calendar ,upon            

introduction in the ,senate1 a joint    
resolution shall be immediately placed  
on the calendar4  7#c7 ,floor           
consideration  7,a7 ,in general         
,notwithstanding rule ,,xxii of the     
,standing ,rules of the ,senate1 it is  
in order at any time during the period  
beginning on the day after the date on  
which ,congress receives a certification
 under subsection 7a77#a7 and ending on 
the sixth day after the date of         
introduction of a joint resolution 7even
 though a previous motion to the same   
effect has been disagreed to7 to move to
 proceed to the consideration of the    
joint resolution1 and all points of     
order against the joint resolution 7and 
against consideration of the joint      
resolution7 are waived4 ,the motion to  
proceed is not debatable4 ,the motion is
 not subject to a motion to postpone4 ,a
 motion to reconsider the vote by which 
the motion is agreed to or disagreed to 
shall not be in order4 ,if a motion to  
proceed to the consideration of the     

resolution is agreed to1 the joint      
resolution shall remain the unfinished  
business until disposed of4  7,b7       
,consideration ,consideration of the    
joint resolution1 and on all debatable  
motions and appeals in connection       
therewith1 shall be limited to not more 
than #aj hours1 which shall be divided  
equally between the majority and        
minority leaders or their designees4 ,a 
motion further to limit debate is in    
order and not debatable4 ,an amendment  
to1 or a motion to postpone1 or a motion
 to proceed to the consideration of     
other business1 or a motion to recommit 
the joint resolution is not in order4   
7,c7 ,vote on passage ,if the ,senate   
has voted to proceed to a joint         
resolution1 the vote on passage of the  
joint resolution shall occur immediately
 following the conclusion of            
consideration of the joint resolution1  
and a single quorum call at the         
conclusion of the debate if requested in
 accordance with the rules of the       

,senate4  7,d7 ,rulings of the chair on 
procedure ,appeals from the decisions of
 the ,chair relating to the application 
of the rules of the ,senate1 as the case
 may be1 to the procedure relating to a 
joint resolution shall be decided       
without debate4  7f7 ,amendment not in  
order ,a joint resolution of disapproval
 considered pursuant to this section    
shall not be subject to amendment in    
either the ,house of ,representatives or
 the ,senate4  7g7 ,coordination with   
action by other house  7#a7 ,in general 
,if1 before passing the joint           
resolution1 one ,house receives from the
 other a joint resolution-- 7,a7 the    
joint resolution of the other ,house    
shall not be referred to a committee2   
and  7,b7 the procedure in the receiving
 ,house shall be the same as if no joint
 resolution had been received from the  
other ,house1 except that the vote on   
final passage shall be on the joint     
resolution of the other ,house4  7#b7   
,treatment of joint resolution of other 

house ,if the ,senate fails to introduce
 or consider a joint resolution under   
this section1 the joint resolution of   
the ,house shall be entitled to         
expedited floor procedures under this   
section4  7#c7 ,treatment of companion  
measures ,if1 following passage of the  
joint resolution in the ,senate1 the    
,senate receives the companion measure  
from the ,house of ,representatives1 the
 companion measure shall not be         
debatable4  7#d7 ,consideration after   
passage  7,a7 ,in general ,if ,congress 
passes a joint resolution1 the period   
beginning on the date the ,president is 
presented with the joint resolution and 
ending on the date the ,president signs1
 allows to become law without his       
signature1 or vetoes and returns the    
joint resolution 7but excluding days    
when either ,house is not in session7   
shall be disregarded in computing the   
calendar day period described in        
subsection 7b77#a7 or subsection        
7c77#a74  7,b7 ,debate ,debate on a veto

 message in the ,senate under this      
section shall be #a hour equally divided
 between the majority and minority      
leaders or their designees4  7#e7 ,veto 
override ,if within the calendar day    
period described in subsection 7c77#a71 
,congress overrides a veto of a joint   
resolution1 except as provided in       
subsection 7b77#b71 the limit on debt   
provided in section #caja7;b7 shall not 
be raised under this section4  7h7      
,rules of ,house of ,representatives and
 ,senate ,this subsection and           
subsections 7c71 7d71 7e71 7f71 and 7g7 
are enacted by ,congress-- 7#a7 as an   
exercise of the rulemaking power of the 
,senate and ,house of ,representatives1 
respectively1 and as such it is deemed a
 part of the rules of each ,house1      
respectively1 but applicable only with  
respect to the procedure to be followed 
in that ,house in the case of a joint   
resolution1 and it supersedes other     
rules only to the extent that it is     
inconsistent with such rules2 and  7#b7 

with full recognition of the            
constitutional right of either ,house to
 change the rules 7so far as relating to
 the procedure of that ,house7 at any   
time1 in the same manner1 and to the    
same extent as in the case of any other 
rule of that ,house4  4  7b7 ,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 following3  #caja;,b4      
,additional ,presidential modification  
of the debt ceiling4  4