,i  #aad? ,,congress  #b;d ,session  ,h4
 ,r4 #fjej  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,septemb] #ae1        
#bjaf,mr4 ,huiz5ga ( ,mi*igan introduc$ 
! foll[+ bill2 :i* 0 ref]r$ to !        
,committee on ,ways & ,means  ,a ,,bill 
,to provide debt & tax transp>5cy to    
taxpay]s4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,national ,debt & ,taxation
 ,transp>5cy ,act ( #bjaf4  #b4 ,f9d+s &
 purposes  7a7 ,f9d+s ,congress makes ! 
foll[+ f9d+s3  7#a7 ,unit$ ,/ates       
taxpay]s "w on av]age almo/ #c mon?s ( e
 ye> to pay = ! op]ations ( ! ,f$]al    
,gov]nm5t4  7#b7 ,unit$ ,/ates taxpay]s 
sp5t on av]age #ba p]c5t ( _! total     
income on ,f$]al taxes 9 #bjae4  7#c7 ,9
 #bjae1 ,unit$ ,/ates taxpay]s sp5t m on
 taxes ?an on food1 clo?+1 & h\s+       
comb9$4  7#d7 ,! ,f$]al ,gov]nm5t sp5t !
 equival5t ( m ?an #bi1hjj p] ,unit$    
,/ates h\sehold 9 #bjae1 add+ ne>ly     
#d1bjj p] h\sehold to ! ,f$]al deficit4 
7#e7 ,ea* h\sehold's %>e ( ! national   
debt1 z ( ,janu>y #bjaf1 exce$s         

#aeb1jjj4  7#f7 ,publicly held debt is  
#gd p]c5t ( ! gross dome/ic product1 a  
level n se5 s9ce ,_w ,w> ,,ii4  7#g7    
,m&atory sp5d+ is gr[+ at a fa/] rate   
?an ! economy4  7#h7 ,f$]al deficits are
 project$ to exce$ #a trillion by #bjbb4
  7b7 ,purposes ,! purposes ( ?is ,act  
are-- 7#a7 to br+ m transp>5cy to !     
tax-&-sp5d habit ( ! ,f$]al ,gov]nm5t2  
7#b7 to provide = bett] acc\ntability 9 
! ,f$]al budget & appropriations        
process2 &  7#c7 to increase !          
p>ticipation ( ,unit$ ,/ates citiz5s 9  
_! gov]nm5t4  #c4 ,a taxpay] f9ancial   
/atem5t to taxpay]s  7a7 ,/atem5ts      
initially provid$ ^u reque/ ,dur+ !     
p]iod beg9n+ on ,octob] #a1 #bjag1 &    
end+ on ! fir/ date t in=mation is made 
available "u subsection 7b71 ! ,secret>y
 ( ! ,treasury 7or ! ,secret>y's        
delegate7 %all provide to ea* eligible  
individual1 ^u ! reque/ ( su*           
individual1 a taxpay] acc\nt /atem5t =  
su* individual4  7b7 ,inclusion 9       
in/ructions = income tax returns ,9 !   

case ( individual income tax returns =  
taxable ye>s beg9n+ 9 cal5d> ye>s aft]  
#bjai1 ! ,secret>y ( ! ,treasury 7or !  
,secret>y's delegate7 %all include a    
taxpay] acc\nt /atem5t conta9+ !        
in=mation requir$ "u subsection 7c7 9 ! 
in/ructions = su* tax returns4  7c7     
,taxpay] acc\nt /atem5t ,! taxpay]      
acc\nt /atem5t ref]r$ to 9 ?is section  
%all include-- 7#a7 a summ>y ( ! mo/    
rec5t ,f9ancial ,report ( ! ,unit$      
,/ates ,gov]nm5t1 includ+ ! ,/atem5t (  
,long ,t]m ,fiscal ,projections2  7#b7 a
 calculation by ! ,secret>y ( !         
,treasury ( ! eligible individual's %>e 
( ! total obligations ( ! ,f$]al        
,gov]nm5t1 includ+ ^? incurr$ 9 ,m$ic>e1
 ,social ,security1 o!r civilian &      
milit>y retirem5t b5efit programs1      
publicly held debt1 & any o!r           
liabilities & exp5ses1 z report$ by !   
mo/ rec5t ,f9ancial ,report ( ! ,unit$  
,/ates ,gov]nm5t2 &  7#c7 a #cj-ye>     
calculation ( ! proportional increase 9 
! ,f$]al income tax rates1 z e/abli%$ "u

 *apt] #a ( subtitle ,a ( ! ,int]nal    
,rev5ue ,code ( #aihf1 necess>y to      
entirely f9ance ! curr5t fiscal pa? ( ! 
,f$]al ,gov]nm5t1 assum+ no *anges 9    
curr5t fiscal policy & assum+ no budget 
deficit4  7d7 ,additional calculation ,n
 lat] ?an #e ye>s aft] ! date ( !       
enactm5t ( ?is ,act1 ! ,secret>y %all   
also provide an e/imate ( ! m>g9al tax  
rate & ! income & payroll tax liability 
( ! individual "u ! assumptions /at$ "u 
subsection 7c77#c74  7e7 ,eligible      
individual ,= purposes ( ?is section1 ! 
t]m eligible individual means an        
individual :o-- 7#a7 has a valid social 
security numb] issu$ by ! ,social       
,security ,adm9i/ration2  7#b7 receiv$ a
 ,=m ,w-#b 9 ! previ\s taxable ye>2 &   
7#c7 has fil$ a return ( tax 9 any      
previ\s taxable ye>4  7f7 ,notice ,!    
,secret>y ( ! ,treasury %all1 to !      
maximum ext5t practicable1 take su* /eps
 z are necess>y to assure t eligible    
individuals are in=m$ ( ! availability (
 ! /atem5t requir$ "u subsection 7a74   

7g7 ,availability ?r\gh electronic fil+ 
s]vices ,x is ! s5se ( ! ,congress t !  
,secret>y ( ! ,treasury 7or !           
,secret>y's delegate7 %\ld p>tn] )      
electronic tax fil+ s]vices to make !   
taxpay] acc\nt /atem5t available :5 an  
eligible individual elects to file _!   
taxes onl9e4