,i #aac? ,,congress #a/ ,session ,h4 ,r4 #cegi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #ba1 #bjac,mr4 ,m>*ant 7= himself1 ,mr4 ,brady ( ,texas1 ,mr4 ,sam ,johnson ( ,texas1 ,mr4 ,roskam1 ,mr4 ,b\/any1 ,mr4 ,tib]i1 ,mr4 ,nunes1 ,mr4 ,rei*]t1 ,mr4 ,g]la*1 ,mr4 ,price ( ,georgia1 ,ms4 ,j5k9s1 ,mrs4 ,black1 ,mr4 ,s*ock1 ,mr4 ,"y ( ,indiana1 ,mr4 ,kelly ( ,p5nsylvania1 ,mr4 ,griff9 ( ,arkansas1 ,mr4 ,r5acci1 ,mr4 ,sessions1 ,mr4 ,flores1 ,mr4 ,conaway1 ,mr4 ,?ornb]ry1 ,mr4 ,web] ( ,texas1 ,mr4 ,f>5?old1 ,mr4 ,mead[s1 ,mrs4 ,lummis1 ,mr4 ,petri1 ,mr4 ,c>t]1 ,ms4 ,grang]1 & ,mr4 ,we/morel&7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to require ! ,secret>y ( ! ,treasury to appe> be=e c]ta9 committees ( ! ,congress be=e ! ,unit$ ,/ates rea*es ! debt limit & defaults on ,gov]nm5t obligations4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,debt ,managem5t ,act ( #bjac4 #b4 ,secret>y ( ! ,treasury report to ,congress be=e rea*+ debt limit 7a7 ,9 g5]al ,sub*apt] ,,ii ( *apt] #ca ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #caca4 ,report be=e rea*+ debt limit 7a7 ,9 g5]al ,n m ?an sixty days & n less ?an tw5ty-"o days prior to any date on :i* ! ,secret>y ( ! ,treasury anticipates ! public debt w rea* ! limit specifi$ "u section #caja1 z modifi$ by section #caja;,a1 ! ,secret>y %all appe> be=e ! ,committee on ,ways & ,means ( ! ,h\se ( ,repres5tatives & ! ,committee on ,f9ance ( ! ,s5ate1 to provide ! in=mation describ$ "u subsection 7b74 7b7 ,in=mation requir$ ,to be pres5t$ ,9 an appe>ance describ$ "u subsection 7a71 ! ,secret>y %all provide ! foll[+3 7#a7 ,debt ,report ,a report on ! /ate ( ! public debt1 includ+-- 7,a7 ! hi/orical trajectory ( ! debt1 major driv]s ( & _! quantities to ! curr5t debt1 & debt projections2 & 7,b7 h[1 if ! debt limit is rais$1 ! ,unit$ ,/ates w meet exi/+ debt obligations1 includ+ pr9cipal & int]e/4 7#b7 ,/atem5t ( int5t ,a detail$ explanation (-- 7,a7 any proposal ( ! ,presid5t to r$uce ! /ructural deficit 9 ! %ort-t]m 7! foll[+ fiscal ye>71 m$ium-t]m 7approximately ?ree to five ye>s71 & long-t]m 7approximately t5 ye>s72 7,b7 ! impact an increas$ debt limit w h on future ,gov]nm5t sp5d+1 s]vice provision1 & ! /atus ( ! ,unit$ ,/ates doll> z ! int]national res]ve curr5cy2 7,c7 projections ( fiscal heal? & resili5ce to long-t]m entitlem5t program pressures 7includ+ ,social ,security1 ,m$ic>e1 & ,m$icaid71 giv5 ! propos$ measures to r$uce ! /ructural deficit & ! am\nt ( increase 9 ! debt limit2 & 7,d7 any proposal ( ! ,presid5t to r$uce ! debt-to-gross dome/ic product ratio1 bas$ on curr5t tr5ds1 ) ! exclusion ( extreme ev5ts 7i4e4 milit>y1 economic1 & natural cata/rophes74 7#c7 ,progress report 7,a7 ,9 g5]al ,a detail$ report on ! progress ( implem5t+ all proposals ( ! ,presid5t describ$ "u subp>agraph 7,a7 or 7,d7 ( p>agraph 7#b74 7,b7 ,exception ,! report describ$ "u ?is p>agraph %all only be provid$ if a ,secret>y has already appe>$ at lea/ once pursuant to ?is section dur+ any t]m ( (fice = a p>ticul> ,presid5t4 4 7b7 ,cl]ical am5dm5t ,! table ( analysis = *apt] #ca ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ aft] ! item relat+ to section #cacj ! foll[+3 #caca4 ,report be=e rea*+ debt limit4 4