,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #djba  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,febru>y #aj1 #bjad   
,mr4 ,b>r introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means1 & 9 addition to ! ,committees on
 ,h\se ,adm9i/ration & ,ov]sight &      
,gov]nm5t ,re=m1 = 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 susp5d !        
application ( ! limit on ! ,nation's    
debt = a #aj-ye> p]iod1 to r$uce ! pay (
 ,memb]s ( ,congress = fail+ to meet    
fiscal su/a9ability t>gets1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,debt ,limit ,re=m &       
,congressional ,pay = ,p]=mance ,act (  
#bjad4  #b4 ,susp5sion ( debt limit  7a7
 ,susp5sion ,section #caja7;b7 ( title  
#ca1 ,unit$ ,/ates ,code1 %all n apply =
 ! p]iod beg9n+ on ,febru>y #h1 #bjad1 &
 end+ on ,april #ae1 #bjbd4  7b7        
,special rule relat+ to obligations     

issu$ dur+ susp5sion p]iod ,effective on
 ,april #af1 #bjbd1 ! limitation 9      
section #caja7;b7 ( title #ca1 ,unit$   
,/ates ,code1 is increas$ to ! ext5t t--
  7#a7 ! face am\nt ( obligations issu$ 
"u *apt] #ca ( su* title & ! face am\nt 
( obligations ^: pr9cipal & int]e/ are  
gu>ante$ by ! ,unit$ ,/ates ,gov]nm5t   
7except gu>ante$ obligations held by !  
,secret>y ( ! ,treasury7 out/&+ on      
,april #af1 #bjbd1 exce$s  7#b7 ! face  
am\nt ( su* obligations out/&+ on ! date
 ( enactm5t ( ?is ,act4  7c7 ,limitation
 ,an obligation %all n be tak5 into     
acc\nt "u subsection 7b77#a7 unless !   
issuance ( su* obligation 0 necess>y to 
fund a commitm5t incurr$ by ! ,f$]al    
,gov]nm5t t requir$ paym5t be=e ,april  
#af1 #bjbd4  #c4 ,det]m9ation ( fiscal  
su/a9ability t>gets  7a7 ,det]m9ations  
,on ,decemb] #ca ( ea* ( cal5d> ye>s    
#bjae ?r\gh #bjbc1 ! ,director ( !      
,(fice ( ,managem5t & ,budget %all      
det]m9e--  7#a7 ! sum ( ! face am\nt (  
obligations issu$ "u *apt] #ca ( title  

#ca1 ,unit$ ,/ates ,code1 & ! face am\nt
 ( obligations ^: pr9cipal & int]e/ are 
gu>ante$ by ! ,unit$ ,/ates ,gov]nm5t   
7except gu>ante$ obligations held by !  
,secret>y ( ! ,treasury71 out/&+ at any 
"t1 ) respect to ! mo/ rec5t fiscal ye> 
:i* end$ be=e ! cal5d> ye>2  7#b7 !     
am\nt :i* is equal to ! applicable      
p]c5tage 7z describ$ 9 subsection 7b77 (
 ! ,gross ,dome/ic ,product det]m9$ by !
 ,secret>y ( ,comm]ce ) respect to su*  
fiscal ye>2 &  7#c7 if ! am\nt det]m9$  
"u p>agraph 7#a7 ) respect to a fiscal  
ye> exce$s ! am\nt det]m9$ "u p>agraph  
7#b7 ) respect to su* fiscal ye>1 !     
p]c5tage by :i* ! am\nt det]m9$ "u      
p>agraph 7#a7 exce$s ! am\nt det]m9$ "u 
p>agraph 7#b74  7b7 ,applicable         
,p]c5tages ,describ$ ,= purposes (      
subsection 7a77#b71 ! applicable        
p]c5tage ) respect to a fiscal ye> is z 
foll[s3  7#a7 ,= fiscal ye> #bjae1 #gd4a
 p]c5t4  7#b7 ,= fiscal ye> #bjaf1 #gj4d
 p]c5t4  7#c7 ,= fiscal ye> #bjag1 #ff4i
 p]c5t4  7#d7 ,= fiscal ye> #bjah1 #fd4d

 p]c5t4  7#e7 ,= fiscal ye> #bjai1 #fb4d
 p]c5t4  7#f7 ,= fiscal ye> #bjbj1 #fj4e
 p]c5t4  7#g7 ,= fiscal ye> #bjba1 #eh4g
 p]c5t4  7#h7 ,= fiscal ye> #bjbb1 #ef4i
 p]c5t4  7#i7 ,= fiscal ye> #bjbc1 #ed4h
 p]c5t4  #d4 ,r$uction 9 pay ( ,memb]s (
 ,congress = failure to meet fiscal     
su/a9ability t>gets  7a7 ,r$uction      
,section #fja7;a77#b7 ( ! ,legislative  
,reorganization ,act ( #aidf 7#b        
,u4,s4,c4 #deja7b77 is am5d$ by add+ at 
! end ! foll[+3  7,c7 ,if ! ,director ( 
! ,(fice ( ,managem5t & ,budget det]m9es
 t ! am\nt det]m9$ "u p>agraph 7#a7 (   
section #c7;a7 ( ! ,debt ,limit ,re=m & 
,congressional ,pay = ,p]=mance ,act (  
#bjad ) respect to a fiscal ye> exce$s !
 am\nt det]m9$ "u p>agraph 7#b7 (       
section #c7;a7 ( su* ,act ) respect to  
su* fiscal ye>--  7i7 ea* annual rate ( 
pay ref]r$ to 9 p>agraph 7#a7 %all be   
r$uc$ by ! p]c5tage det]m9$ by !        
,director ( ! ,(fice ( ,managem5t &     
,budget "u section #c7;a77#c7 ( ! ,debt 
,limit ,re=m & ,congressional ,pay =    

,p]=mance ,act ( #bjad = all pay p]iods 
occurr+ dur+ ! next cal5d> ye> :i* beg9s
 aft] t fiscal ye>2 &  7ii7 no adju/m5t 
may be made "u subp>agraph 7,a7 9 any   
su* rate ( pay dur+ t next cal5d> ye>4  
4  7b7 ,te*nical ,am5dm5t ,section      
#fja7;a77#b77;,a7 ( su* ,act is am5d$ by
 /rik+ ,subject to subp>agraph 7,b71 &  
ins]t+ ,subject to subp>agraphs 7,b7 &  
7,c714  7c7 ,effective ,date ,! am5dm5ts
 made by ?is section %all apply )       
respect to fiscal ye> #bjae & ea*       
succe$+ fiscal ye>4