,i  #aae? ,,congress  #a/ ,session  ,h4 
,r4 #ebc  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ac1 #bjag,mr4
 ,m>*ant introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,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 ,transp>5cy & ,acc\ntability ,act4
  #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$uce !      
public debt 9 ! %ort t]m 7! curr5t &    
foll[+ ?ree fiscal ye>s71 m$ium t]m     
7approximately five to n9e fiscal ye>s71
 & long t]m 7approximately t5 to        
tw5ty-five 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$ic>e1 & ,m$icaid72 &  7,d7
 any extraord9>y measures ! ,secret>y   
int5ds to take to fund ,f$]al ,gov]nm5t 
obligations if ! debt limit is n rais$1 
a projection ( h[ long su* extraord9>y  
measures w fund ! ,f$]al ,gov]nm5t1 & a 
projection ( ! adm9i/rative co/ ( tak+  
su* extraord9>y measures4  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  7d7    
,extraord9>y measures def9$ ,= purposes 
( ?is section1 ! t]m extraord9>y        
measures means ea* ( ! foll[+3  7#a7    
,direct+ or approv+ ! issuance ( debt by
 ! ,f$]al ,f9anc+ ,bank = ! purpose (   
ent]+ into an ex*ange transaction = debt
 t is subject to ! limit "u ?is section4
  7#b7 ,susp5d+ inve/m5ts 9 ! ,gov]nm5t 
,securities ,inve/m5t ,fund ( ! ,?rift  
,sav+s ,fund4  7#c7 ,susp5d+ inve/m5ts 9
 ! /abilization fund e/abli%$ "u section
 #ecjb4  7#d7 ,susp5d+ new inve/m5ts 9 !
 ,civil ,s]vice ,retirem5t & ,disability
 ,fund or ! ,po/al ,s]vice ,retiree     
,heal? ,b5efits ,fund4  7#e7 ,sell+ or  
r$eem+ securities1 obligations1 or o!r  
inve/$ assets ( ! ,civil ,s]vice        

,retirem5t & ,disability ,fund or !     
,po/al ,s]vice ,retiree ,heal? ,b5efits 
,fund be=e maturity4  7#f7 ,susp5d+     
sales ( ,/ate & ,local ,gov]nm5t ,s]ies 
,treasury securities4  7#g7 ,su* o!r    
measures z ! ,secret>y det]m9es         
appropriate4  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  #c4 ,access to    
c]ta9 ,treasury ,dep>tm5t data ,n lat]  
?an ?irty days aft] receipt ( a writt5  
reque/ f ! ,*airman ( ! ,committee on   
,f9ance ( ! ,s5ate or ( ! ,committee on 
,ways & ,means ( ! ,h\se (              
,repres5tatives1 b no m ?an f\r times p]
 fiscal ye> = ea*1 ! ,secret>y ( !      
,treasury %all provide to ! reque/+     
,*airman f9ancial & economic data       
relevant to det]m9+ ! am\nt ( ! public  
debt ( ! ,unit$ ,/ates1 includ+--  7#a7 
ca% fl[ & debt transaction in=mation us$
 9 prep>+ ! ,daily ,treasury ,/atem5t1  

includ+ curr5t balances1 receipts1 &    
paym5ts2  7#b7 op]at+ ca% balance       
projections2 &  7#c7 relevant in=mation 
reg>d+ any extraord9>y measures 7z def9$
 "u section #caca7;d7 ( title #ca1      
,unit$ ,/ates ,code7 tak5 to prev5t !   
public debt f exce$+ ! limitation impos$
 by section #caja ( title #ca1 ,unit$   
,/ates ,code1 z modifi$ by section      
#caja;,a ( su* title4