,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #cgjh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,octob] #h1 #bjae ,mr4
 ,van ,holl5 7= himself1 ,mrs4 ,l[ey1   
,ms4 ,de,lauro1 ,mr4 ,y>mu?1 ,mr4       
,pascrell1 ,mr4 ,ryan ( ,ohio1 ,ms4     
,moore1 ,ms4 ,ca/or ( ,florida1 ,mr4    
,mc,dermott1 ,ms4 ,lee1 ,mr4 ,pocan1    
,ms4 ,mi*elle ,lujan ,gri%am ( ,new     
,mexico1 ,mrs4 ,d+ell1 ,mr4 ,t$ ,lieu ( 
,cali=nia1 ,mr4 ,norcross1 & ,mr4       
,m\lton7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ! ,budget1 & 9
 addition to ! ,committee on ,rules1 = 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 am5d 
! ,balanc$ ,budget & ,em]g5cy ,deficit  
,control ,act ( #aihe to provide = an   
increase 9 ! discretion>y sp5d+ limit = 
fiscal ye> #bjaf1 & = o!r purposes4  #a4
 ,%ort title2 f9d+s  7a7 ,%ort title    
,?is ,act may be cit$ z ! ,prev5t a     
,decemb] ,gov]nm5t ,%utd[n ,act4  7b7   

,f9d+s ,congress f9ds ! foll[+3  7#a7 ,!
 ,budget ,control ,act ( #bjaa set tight
 discretion>y sp5d+ caps & requir$      
additional deficit r$uction to be       
accompli%$ ei!r ?r\gh bip>tisan1        
bicam]al negotiations or1 z a fallback1 
?r\gh seque/ration t w\ld fur!r cut     
discretion>y & m&atory sp5d+ levels4 ,! 
?reat ( su* draconian & arbitr>y cuts 0 
int5d$ to enc\rage lawmak]s to negotiate
 a ?\ghtfully design$ sub/itute package 
( rev5ue increases & t>get$ sp5d+ cuts4 
7#b7 ,! negotiations t foll[$ 7         
unsuccessful & ! initial seque/] took   
place 9 fiscal ye> #bjac4  7#c7 ,:ile ! 
?reat ( a seque/] _h n l$ to an         
agreem5t1 ! reality ( a seque/] did4    
,lawmak]s negotiat$ a two-ye> agreem5t t
 set high] levels ( bo? def5se &        
non-def5se discretion>y 7,,ndd7 sp5d+ = 
fiscal ye>s #bjad & #bjae4  7#d7 ,a     
simil> agreem5t is necess>y n[ to avoid 
deep budget cuts 9 ! curr5t fiscal ye>1 
:i* began on ,octob] #a1 #bjae4  7#e7   
,s5ator ,john ,mc,cain & ,repres5tative 

,mac ,?ornb]ry1 ! ,*airs ( ! ,s5ate &   
,h\se ,arm$ ,s]vices ,committees1 h     
criticiz$ ! level ( def5se sp5d+ all[$  
"u seque/ration3 ,^! cuts are s]i\sly   
und]m9+ ! capabilities1 read9ess1 morale
 & mod]nization ( ! arm$ =ces4 ,! s5ior 
milit>y lead]s ( ! ,army1 ,navy1 ,air   
,=ce & ,m>9e ,corps h all te/ifi$ to our
 committees t1 ) def5se sp5d+ at        
seque/ration levels1 !y _c execute !    
,national ,milit>y ,/rategy44  7#f7 ,!  
impact ( ! cuts on ,,ndd sp5d+ is becom+
 increas+ly cle>4 ,,ndd ,unit$--an      
alliance ( m ?an #b1ejj organizations   
try+ to protect ,,ndd inve/m5ts t b5efit
 all ,am]icans--made ! case t ^!        
self-impos$ cuts are dragg+ d[n our     
economic recov]y1 hamp]+ bus9ess gr[? & 
developm5t1 weak5+ public heal?         
prep>$ness & response1 r$uc+ res\rces = 
our 's s*ools & colleges1 compromis+    
f$]al ov]sight & fraud recov]y1 h9d]+   
sci5tific discov]y1 erod+ our           
infra/ructure1 & ?reat5+ our ability to 
address em]g5cies ar\nd ! _w44 ,! impact

 c also be se5 9 ! bills report$ by !   
,h\se ,committee on ,appropriations =   
fiscal ye> #bjaf4 ,among o!r ?+s1 ^?    
bills w\ld cut ! ,dep>tm5t ( ,education 
by #b4h billion bel[ ! curr5t level1    
take away h\s+ v\*]s f ?\s&s ( families1
 & provide #a4d billion less ?an !      
,presid5t reque/$ = ! ,dep>tm5t (       
,vet]ans ,affairs4  7#g7 ,! seque/]--9  
addition to endang]+ our def5se1 r$uc+  
inve/m5ts 9 our future1 & risk+ h>m to  
vuln]able ,am]icans--w weak5 ! ,nation's
 ongo+ economic recov]y4 ,a rec5t       
analysis by ! ,congressional ,budget    
,(fice f\nd t elim9at+ ! seque/] w\ld   
increase ,gross ,dome/ic ,product by    
#j4d p]c5t 9 #bjaf & #j4b p]c5t 9 #bjag4
 ,x w\ld also increase employm5t by     
#ejj1jjj next ye> & #cjj1jjj 9 #bjag4   
7#h7 ,provid+ relief f ! seque/] w also 
make x possible = ,congress to act on   
appropriations legislation be=e tempor>y
 ,gov]nm5t fund+ expires 9 ,decemb]1    
av]t+ a ,gov]nm5t %utd[n if fund+ is n 9
 place4  7#i7 ,! la/ ,gov]nm5t %utd[n   

la/$ = #af days 9 #bjac4 ,! ,(fice (    
,managem5t & ,budget lat] f\nd t !      
%utd[n co/ ! economy ab\t #abj1jjj      
private-sector jobs & %runk ,,gdp gr[? 9
 t qu>t] by #j4b p]c5t to #j4f p]c5t4 ,!
 c\ntry lo/ #f4f million days' wor? ( "w
 ?r\gh furl\ghs ( ,f$]al employees2     
national p>ks lo/ #ejj million 9 visitor
 sp5d+2 #d billion 9 tax refunds 7      
delay$2 ne>ly #f1cjj *ildr5 lo/ access  
to ,head ,/>t2 & hundr$s ( food safety  
inspections 7 delay$4  7#aj7 ,!re=e1 to 
prev5t ano!r ,gov]nm5t %utd[n & all[    
appropriations bills = fiscal ye> #bjaf 
to fund vital s]vices at necess>y       
levels1 imm$iate negotiations on a      
budget agreem5t are ne$$4 ,an ess5tial  
compon5t ( ^? negotiations %\ld be to   
raise ! discretion>y sp5d+ caps = def5se
 & non-def5se1 elim9at+ ! non-def5se    
seque/] & r$uc+ ! def5se seque/] by !   
same am\nt4  7#aa7 ,x is pref]able t    
,congress agree to (fset ! co/ ( !      
seque/] relief ) deficit r$uction f     
clos+ special int]e/ tax loopholes4     

,h[ev]1 x is imp]ative t ! seque/]      
relief occur reg>dless ( :e!r ! agreem5t
 = (fsett+ deficit r$uction is rea*$4   
#b4 ,bip>tisan1 bicam]al agreem5t on    
seque/] relief  7a7 ,9 g5]al ,a         
bip>tisan measure %all be negotiat$1 by 
! individuals appo9t$ "u subsection 7b71
 t-- 7#a7 increases ! discretion>y sp5d+
 limit = fiscal ye> #bjaf 9 section     
#bea7;c7 ( ! ,balanc$ ,budget & ,em]g5cy
 ,deficit ,control ,act ( #aihe 7#b     
,u4,s4,c4 #ija7;c771 ) ! increases      
equally appli$ to ! revis$ security     
category & ! revis$ nonsecurity category
 = su* fiscal ye>2 &  7#b7 includes     
provisions t r$uce ! deficit by an am\nt
 deem$ appropriate4  7b7 ,appo9tm5t (   
memb]s ,n lat] ?an #a day aft] ! date ( 
enactm5t ( ?is ,act--  7#a7 ! ,speak] ( 
! ,h\se ( ,repres5tatives %all det]m9e !
 total numb] ( individuals t %all       
negotiate ! measure describ$ "u         
subsection 7a72 &  7#b7 ! ,speak]1 !    
,m9ority ,lead] ( ! ,h\se (             
,repres5tatives1 ! ,majority ,lead] ( ! 

,s5ate1 & ! ,m9ority ,lead] ( ! ,s5ate  
%all ea* appo9t "o qu>t] ( ! total numb]
 ( individuals det]m9$ "u p>agraph 7#a74
  7c7 ,approval & consid]ation ( measure
  7#a7 ,approval ,! measure describ$ 9  
subsection 7a7 %all require ! approval (
 a majority ( ! individuals appo9t$ "u  
subsection 7b77#b74  7#b7 ,consid]ation 
,if approv$ "u p>agraph 7#a71 ! measure 
%all be consid]$ "u ! proc$ures set =? 9
 section #djb ( ! ,budget ,control ,act 
( #bjaa 7,public ,law #aab-be71 o!r ?an 
subsection 7g71 & except t 9 apply+ su* 
section1 ,octob] #cj1 #bjae %all be     
sub/itut$ = ,decemb] #i1 #bjaa &        
,novemb] #af1 #bjae %all be sub/itut$ = 
,decemb] #bc1 #bjaa 9 ea* place x       
appe>s4  #c4 ,alt]native adju/m5t to    
discretion>y sp5d+ limit = fiscal ye>   
#bjaf  7a7 ,security & nonsecurity      
discretion>y sp5d+ limit adju/m5ts ,if !
 measure describ$ "u section #b7;a7 is n
 enact$ into law be=e ,novemb] #ag1     
#bjae1 effective ^u ,novemb] #ag1 #bjae1
 ! ,balanc$ ,budget & ,em]g5cy ,deficit 

,control ,act ( #aihe 7#b ,u4,s4,c4 #ija
 et seq47 is am5d$ z foll[s3  7#a7 ,9   
section #bea7;c71 9 p>agraph 7#c77;,a71 
by /rik+ ! doll> am\nt & ins]t+         
#eei1fjj1jjj1jjj4  7#b7 ,9 section      
#bea;,a--  7,a7 9 p>agraph 7#aj77;,a71  
by /rik+ ! p]iod at ! end & ins]t+ & =  
fiscal ye> #bjaf by ! ,prev5t a ,decemb]
 ,gov]nm5t ,%utd[n ,act42 &  7,b7 9     
p>agraph 7#aj77;,b71 by /rik+ & #bjae & 
ins]t+ #bjae1 & #bjaf4  7b7 ,application
 ,any adju/m5t made to ! discretion>y   
sp5d+ limit = fiscal ye> #bjaf 9 section
 #bea7;c7 ( ! ,balanc$ ,budget &        
,em]g5cy ,deficit ,control ,act ( #aihe 
7#b ,u4,s4,c4 #ija7;c77 by ! ,(fice (   
,managem5t & ,budget be=e ! date (      
enactm5t ( ?is ,act %all h no =ce or    
effect4 ,! prec$+ s5t5ce %all only apply
 if ! measure describ$ "u section #b7;a7
 is n enact$ into law be=e ,novemb] #ag1
 #bjae4