,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cidf  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #bd1 #bjai ,mr4 
,m>*ant 7= himself1 ,mr4 ,s*weik]t1 &   
,mr4 ,arr+ton7 introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means  ,a ,,bill  ,to provide fur!r    
means ( acc\ntability ) respect to !    
,unit$ ,/ates debt & promote fiscal     
responsibility4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,debt ,solution &  
,acc\ntability ,act4  #b4 ,secret>y ( ! 
,treasury report to ,congress aft] debt 
limit is increas$  7a7 ,9 g5]al         
,sub*apt] ,,ii ( *apt] #ca ( title #ca1 
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  #caca4 ,report aft]   
debt limit is increas$4  7a7 ,9 g5]al ,n
 m ?an #fj days aft] ! limit specifi$ "u
 section #caja1 z modifi$ by section    
#caja;,a1 is increas$1 ! ,secret>y ( !  
,treasury %all submit a report to !     
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives1 ! ,committee on       
,appropriations ( ! ,h\se (             

,repres5tatives1 ! ,committee on !      
,budget ( ! ,h\se ( ,repres5tatives1 !  
,committee on ,f9ance ( ! ,s5ate1 !     
,committee on ,appropriations ( !       
,s5ate1 & ! ,committee on ! ,budget ( ! 
,s5ate consi/+ ( ! 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[ ! ,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 ! 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  7b7 ,progress report ,n m   
?an #ahj days aft] ! report describ$ 9  
subsection 7a7 is submitt$1 ! ,secret>y 
( ! ,treasury %all submit a detail$     
report on ! progress ( implem5t+ all    
proposals ( ! ,presid5t describ$ "u     
p>agraph 7#b77;,a74  7c7 ,public access 
to in=mation ,! ,secret>y ( ! ,treasury 
%all furni% publicly accessible l9ks on 
! web page ( ! ,dep>tm5t ( ! ,treasury  
to ea* report submitt$ "u ?is section4  
,su* l9ks %all be available = n less ?an
 ! #f-mon? p]iod foll[+ ! date ( su*    
submission4  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 aft]    
debt limit is increas$4  4  #c4 ,access 
to c]ta9 ,treasury ,dep>tm5t data ,n    

lat] ?an ?irty days aft] receipt ( a    
writt5 reque/ f ! ,*airman ( !          
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives or ! ,committee on     
,f9ance ( ! ,s5ate 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