,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #bhgj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #ba1 #bjai,mr4   
,fo/] introduc$ ! foll[+ bill2 :i* 0    
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to repeal ! debt ceil+1 & 
= o!r purposes4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,end ! ,?reat (    
,default ,act4  #b4 ,repeal ( debt ceil+
  7a7 ,9 g5]al ,section #caja ( title   
#ca1 ,unit$ ,/ates ,code1 is repeal$4   
7b7 ,te*nical & con=m+ am5dm5ts  7#a7   
,section #cja7;b77#e7 ( ! ,congressional
 ,budget ,act ( #aigd 7#b ,u4,s4,c4     
#fcb7;b77#e77 is am5d$ by /rik+ debt    
subject to limit 79 section #caja (     
title #ca ( ! ,unit$ ,/ates ,code7 &    
ins]t+ face value ( obligations issu$ "u
 *apt] #ca ( title #ca1 ,unit$ ,/ates   
,code1 & ! face am\nt ( obligations ^:  
pr9cipal & int]e/ are gu>ante$ by !     
,unit$ ,/ates ,gov]nm5t 7except gu>ante$
 obligations held by ! ,secret>y ( !    
,treasury74  7#b7 ,section #hcdh ( title
 #e1 ,unit$ ,/ates ,code1 is am5d$ by   

/rik+ subsections 7j71 7k71 & 7l74  7#c7
 ,section #hdch ( title #e1 ,unit$      
,/ates ,code1 is am5d$ by /rik+         
subsections 7g7 & 7h74  7#d7 ,section   
#ad7;d77#b7 ( ! ,f$]al ,deposit         
,insurance ,act 7#ab ,u4,s4,c4          
#ahbd7;d77#b77 is am5d$-- 7,a7 by /rik+ 
subp>agraph 7,a72 &  7,b7 by r$esignat+ 
subp>agraphs 7,b71 7,c71 & 7,d7 z       
subp>agraphs 7,a71 7,b71 & 7,c71        
respectively4  7#e7 ,section #caja;,a ( 
title #ca1 ,unit$ ,/ates ,code1 is      
repeal$4  7#f7 ,section #cacj7;e77#b7 ( 
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by /rik+ total am\nt ( ! obligations   
subject to ! public debt limit e/abli%$ 
9 section #caja ( ?is title & ins]t+    
face value ( obligations issu$ "u ?is   
*apt] & ! face am\nt ( obligations ^:   
pr9cipal & int]e/ are gu>ante$ by !     
,unit$ ,/ates ,gov]nm5t 7except gu>ante$
 obligations held by ! ,secret>y ( !    
,treasury74  7#g7 ,section #aade7;b7 ( !
 ,social ,security ,act 7#db ,u4,s4,c4  
#acbj;b-#ae7;b77 is am5d$ by /rik+ any  

obligation subject to ! public debt     
limit e/abli%$ "u section #caja ( title 
#ca1 ,unit$ ,/ates ,code & ins]t+ any   
obligation issu$ "u *apt] #ca ( title   
#ca1 ,unit$ ,/ates ,code1 & any         
obligation ^: pr9cipal & int]e/ are     
gu>ante$ by ! ,unit$ ,/ates ,gov]nm5t   
7except gu>ante$ obligations held by !  
,secret>y ( ! ,treasury74  7#h7 ,! table
 ( sections = *apt] #ca ( title #ca1    
,unit$ ,/ates ,code1 is am5d$ by /rik+ !
 items relat+ to sections #caja &       
#caja;,a4  7c7 ,sav+s provisions  7#a7  
,civil s]vice retirem5t & disability    
fund ,not)/&+ ! am5dm5ts made by        
subsection 7b71 p>agraphs 7#b71 7#c71 & 
7#d7 ( subsection 7j7 & subsection      
7l77#a7 ( section #hcdh ( title #e1     
,unit$ ,/ates ,code1 z 9 effect on ! day
 be=e ! date ( enactm5t ( ?is ,act1 %all
 apply to any debt issuance susp5sion   
p]iod 7z def9$ "u section #hcdh7;j77#e7 
( su* title7 t is 9 effect on ! date (  
enactm5t ( ?is ,act4  7#b7 ,?rift sav+s 
fund ,not)/&+ ! am5dm5ts made by        

subsection 7b71 p>agraphs 7#b71 7#c71 & 
7#d7 ( subsection 7g7 & subsection      
7h77#a7 ( section #hdch ( title #e1     
,unit$ ,/ates ,code1 z 9 effect on ! day
 be=e ! date ( enactm5t ( ?is ,act1 %all
 apply to any debt issuance susp5sion   
p]iod 7z def9$ "u section #hdch7;g77#f7 
( su* title7 t is 9 effect on ! date (  
enactm5t ( ?is ,act4