,,iv #aac? ,,congress #a/ ,session ,h4 ,,res4 #aa ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,janu>y #c1 #bjac ,mr4 ,wel* 7= himself1 ,mr4 ,clyburn1 & ,mr4 ,c\rtney7 submitt$ ! foll[+ resolution2 :i* 0 ref]r$ to ! ,committee on ,rules ,,resolution ,am5d+ ! ,rules ( ! ,h\se ( ,repres5tatives to re9/ate ! ,geph>dt rule4 ,t ! ,rules ( ! ,h\se ( ,repres5tatives is am5d+ by add+ at ! end ! foll[+ new rule3 ,rule ,,xxx ,/atutory limit on public debt #a4 ,^u adoption by ,congress ( a concurr5t resolution on ! budget "u section #cja or #cjd ( ! ,congressional ,budget ,act ( #aigd t sets =?1 z ! appropriate level ( ! public debt = ! p]iod to :i* ! concurr5t resolution relates1 an am\nt t is diff]5t f ! am\nt ( ! /atutory limit on ! public debt t o!rwise w\ld be 9 effect = t p]iod1 ! ,cl]k %all prep>e an engrossm5t ( a jo9t resolution increas+ or decreas+1 z ! case may be1 ! /atutory limit on ! public debt 9 ! =m prescrib$ 9 clause #b4 ,^u engrossm5t ( ! jo9t resolution1 ! vote by :i* ! concurr5t resolution on ! budget 0 f9ally agre$ to 9 ! ,h\se %all also be consid]$ z a vote on passage ( ! jo9t resolution 9 ! ,h\se1 & ! jo9t resolution %all be consid]$ z pass$ by ! ,h\se & duly c]tifi$ & exam9$4 ,! engross$ copy %all be sign$ by ! ,cl]k & transmitt$ to ! ,s5ate = fur!r legislative action4 #b4 ,! matt] aft] ! resolv+ clause 9 a jo9t resolution describ$ 9 clause #a %all be z foll[s3 ,t subsection 7b7 ( section #caja ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ out ! doll> limitation conta9$ 9 su* subsection & ins]t+ 9 lieu !re( 41 ) ! blank be+ fill$ ) a doll> limitation equal to ! appropriate level ( ! public debt set =? pursuant to section #cja7;a77#e7 ( ! ,congressional ,budget ,act ( #aigd 9 ! relevant concurr5t resolution describ$ 9 clause #a4 ,if an adopt$ concurr5t resolution "u clause #a sets =? diff]5t appropriate levels ( ! public debt = sep>ate p]iods1 only "o engross$ jo9t resolution %all be prep>$ "u clause #a2 & ! blank ref]r$ to 9 ! prec$+ s5t5ce %all be fill$ ) ! limitation t is to apply = ea* p]iod4 #c4 7a7 ,! report ( ! ,committee on ! ,budget on a concurr5t resolution describ$ 9 clause #a & ! jo9t explanatory /atem5t ( ! manag]s on a conf]5ce report to accompany su* a concurr5t resolution ea* %all conta9 a cle> /atem5t ( ! effect ! ev5tual enactm5t ( a jo9t resolution engross$ "u ?is rule w\ld h on ! /atutory limit on ! public debt4 7b7 ,x %all n be 9 ord] = ! ,h\se to consid] a concurr5t resolution describ$ 9 clause #a1 or a conf]5ce report !reon1 unless ! report ( ! ,committee on ! ,budget or ! jo9t explanatory /atem5t ( ! manag]s complies ) p>agraph 7a74 #d4 ,no?+ 9 ?is rule %all be con/ru$ z limit+ or o!rwise affect+-- 7a7 ! p[] ( ! ,h\se or ! ,s5ate to consid] & pass bills or jo9t resolutions1 )\t reg>d to ! proc$ures "u clause #a1 t w\ld *ange ! /atutory limit on ! public debt2 or 7b7 ! rights ( ,memb]s1 ,delegates1 ! ,resid5t ,commission]1 or committees ) respect to ! introduction1 consid]ation1 & report+ ( su* bills or jo9t resolutions4 #e4 ,9 ?is rule ! t]m /atutory limit on ! public debt means ! maximum face am\nt ( obligations issu$ "u au?ority ( *apt] #ca ( title #ca1 ,unit$ ,/ates ,code1 & obligations gu>ante$ z to pr9cipal & int]e/ by ! ,unit$ ,/ates 7except su* gu>ante$ obligations z may be held by ! ,secret>y ( ! ,treasury71 z det]m9$ "u section #caja7;b7 ( su* title aft] ! application ( section #caja7;a7 ( su* title1 t may be out/&+ at any "o "t4 4