,,ib ,union ,cal5d> ,no4 #bbj #aad? ,,congress #a/ ,session ,h4 ,r4 #cddb ,report ,no4 #aad-bia ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #h1 #bjae ,mr4 ,m>*ant introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,octob] #g1 #bjae ,additional sponsors3 ,mr4 ,tib]i1 ,mr4 ,re$1 ,mr4 ,flores1 ,mr4 ,sam ,johnson ( ,texas1 ,mrs4 ,black1 ,mr4 ,kelly ( ,p5nsylvania1 ,mr4 ,nunes1 ,mr4 ,bu*anan1 ,mrs4 ,noem1 ,mr4 ,r5acci1 ,mr4 ,tom ,price ( ,georgia1 ,mr4 ,roskam1 ,ms4 ,j5k9s ( ,kansas1 ,mr4 ,pauls51 ,mr4 ,woodall1 ,mr4 ,h5s>l+1 ,mr4 ,we/morel&1 ,mr4 ,williams1 ,mr4 ,c>t] ( ,texas1 ,mr4 ,hold+1 ,mr4 ,f>5?old1 ,ms4 ,foxx1 ,mr4 ,?ornb]ry1 ,mr4 ,rei*]t1 ,mr4 ,mc,caul1 ,mr4 ,meehan1 ,mr4 ,smi? ( ,texas1 ,mr4 ,sessions1 ,mr4 ,conaway1 ,mr4 ,"y ( ,indiana1 ,mr4 ,smi? ( ,nebraska1 ,mr4 ,b\/any1 ,mr4 ,brady ( ,texas1 ,mr4 ,olson1 & ,mr4 ,=bes ,octob] #g1 #bjae ,committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$ ,a ,,bill ,to provide fur!r means ( acc\ntability ( ! ,unit$ ,/ates debt & promote fiscal responsibility4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,debt ,managem5t & ,fiscal ,responsibility ,act ( #bjae4 #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 submit ! in=mation describ$ "u subsection 7b74 7b7 ,in=mation requir$ ,to be pres5t$ ,9 an appe>ance describ$ "u subsection 7a71 ! ,secret>y %all submit ! foll[+3 7#a7 ,debt ,report ,a report on ! /ate ( ! public debt1 includ+-- 7,a7 ! hi/orical levels ( ! debt1 curr5t am\nt & composition ( ! debt1 & future projections ( ! debt2 7,b7 ! driv]s & composition ( future debt2 & 7,c7 h[1 if ! debt limit is rais$1 ! ,unit$ ,/ates w meet debt obligations1 includ+ pr9cipal & int]e/4 7#b7 ,/atem5t ( int5t ,a detail$ explanation (-- 7,a7 proposals ( ! ,presid5t to r$uce ! public debt 9 ! %ort t]m 7! curr5t & foll[+ fiscal ye>71 m$ium t]m 7approximately ?ree to five fiscal ye>s71 & long t]m 7approximately t5 fiscal ye>s71 & proposals ( ! ,presid5t to adju/ ! debt-to-gross dome/ic product ratio2 7,b7 ! impact an increas$ debt limit w h on future ,gov]nm5t sp5d+1 debt s]vice1 & ! position ( ! ,unit$ ,/ates doll> z ! int]national res]ve curr5cy2 & 7,c7 projections ( fiscal heal? & su/a9ability ( major direct-sp5d+ entitlem5t programs 7includ+ ,social ,security1 ,m$ic>e1 & ,m$icaid74 7#c7 ,progress report 7,a7 ,9 g5]al ,a detail$ report on ! progress ( implem5t+ all proposals ( ! ,presid5t describ$ "u subp>agraph 7,a7 ( p>agraph 7#b74 7,b7 ,exception ,! report describ$ "u ?is p>agraph %all only be submitt$ if a ,secret>y has already appe>$ at lea/ once pursuant to ?is section dur+ any t]m ( (fice = a p>ticul> ,presid5t4 7c7 ,public access to in=mation ,! ,secret>y ( ! ,treasury %all place on ! homepage ( ! ,dep>tm5t ( ! ,treasury a l9k to a webpage t %all s]ve z a repository ( in=mation made available to ! public = at lea/ #f mon?s foll[+ ! date ( release ( ! relevant in=mation1 includ+3 7#a7 ,! debt report submitt$ "u subsection 7b77#a74 7#b7 ,! detail$ explanation submitt$ "u subsection 7b77#b74 7#c7 ,! progress report submitt$ "u subsection 7b77#c74 7#d7 ,su* o!r in=mation z ! ,secret>y reasonably believes is necess>y or helpful to ! public 9 und]/&+ ! /atutory debt limit1 ,gov]nm5t debt1 & ! reports & explanations describ$ "u p>agraphs 7#a71 7#b71 & 7#c74 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 ,octob] #g1 #bjae ,committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union & ord]$ to be pr9t$