,,iv #aacth ,,congress #ast ,session ,h4 ,,res4 #aa ,,in ,,the ,,house ,,of ,,representatives ,january #c1 #bjac ,mr4 ,welch 7for himself1 ,mr4 ,clyburn1 and ,mr4 ,courtney7 submitted the following resolution2 which was referred to the ,committee on ,rules ,,resolution ,amending the ,rules of the ,house of ,representatives to reinstate the ,gephardt rule4 ,that the ,rules of the ,house of ,representatives is amending by adding at the end the following new rule3 ,rule ,,xxx ,statutory limit on public debt #a4 ,upon adoption by ,congress of a concurrent resolution on the budget under section #cja or #cjd of the ,congressional ,budget ,act of #aigd that sets forth1 as the appropriate level of the public debt for the period to which the concurrent resolution relates1 an amount that is different from the amount of the statutory limit on the public debt that otherwise would be in effect for that period1 the ,clerk shall prepare an engrossment of a joint resolution increasing or decreasing1 as the case may be1 the statutory limit on the public debt in the form prescribed in clause #b4 ,upon engrossment of the joint resolution1 the vote by which the concurrent resolution on the budget was finally agreed to in the ,house shall also be considered as a vote on passage of the joint resolution in the ,house1 and the joint resolution shall be considered as passed by the ,house and duly certified and examined4 ,the engrossed copy shall be signed by the ,clerk and transmitted to the ,senate for further legislative action4 #b4 ,the matter after the resolving clause in a joint resolution described in clause #a shall be as follows3 ,that subsection 7b7 of section #caja of title #ca1 ,united ,states ,code1 is amended by striking out the dollar limitation contained in such subsection and inserting in lieu thereof 41 with the blank being filled with a dollar limitation equal to the appropriate level of the public debt set forth pursuant to section #cja7;a77#e7 of the ,congressional ,budget ,act of #aigd in the relevant concurrent resolution described in clause #a4 ,if an adopted concurrent resolution under clause #a sets forth different appropriate levels of the public debt for separate periods1 only one engrossed joint resolution shall be prepared under clause #a2 and the blank referred to in the preceding sentence shall be filled with the limitation that is to apply for each period4 #c4 7a7 ,the report of the ,committee on the ,budget on a concurrent resolution described in clause #a and the joint explanatory statement of the managers on a conference report to accompany such a concurrent resolution each shall contain a clear statement of the effect the eventual enactment of a joint resolution engrossed under this rule would have on the statutory limit on the public debt4 7b7 ,it shall not be in order for the ,house to consider a concurrent resolution described in clause #a1 or a conference report thereon1 unless the report of the ,committee on the ,budget or the joint explanatory statement of the managers complies with paragraph 7a74 #d4 ,nothing in this rule shall be construed as limiting or otherwise affecting-- 7a7 the power of the ,house or the ,senate to consider and pass bills or joint resolutions1 without regard to the procedures under clause #a1 that would change the statutory limit on the public debt2 or 7b7 the rights of ,members1 ,delegates1 the ,resident ,commissioner1 or committees with respect to the introduction1 consideration1 and reporting of such bills or joint resolutions4 #e4 ,in this rule the term statutory limit on the public debt means the maximum face amount of obligations issued under authority of chapter #ca of title #ca1 ,united ,states ,code1 and obligations guaranteed as to principal and interest by the ,united ,states 7except such guaranteed obligations as may be held by the ,secretary of the ,treasury71 as determined under section #caja7;b7 of such title after the application of section #caja7;a7 of such title1 that may be outstanding at any one time4 4