,i  #aafth ,,congress  #b;d ,session    
,h4 ,r4 #fiif  ,,in ,,the ,,house ,,of  
,,representatives  ,may #bb1 #bjbj,mr4  
,rouda introduced the following bill2   
which was referred to the ,committee on 
,rules1 and in addition to the          
,committee on the ,budget1 for a period 
to be subsequently determined by the    
,speaker1 in each case for consideration
 of such provisions as fall within the  
jurisdiction of the committee concerned 
,a ,,bill  ,to establish the ,joint     
,select ,committee on ,fiscal           
,responsibility and ,long-,term         
,economic ,security4  #a4 ,short title  
,this ,act may be cited as the ,fiscal  
,responsibility and ,long-,term         
,economic ,security ,act4  #b4          
,establishment of joint select committee
 ,title ,,iii of the ,congressional     
,budget ,act of #aigd 7#b ,u4,s4,c4 #fca
 et seq47 is amended by adding at the   
end the following new section3  #caf4   
,establishment of ,joint ,select        
,committee on ,fiscal ,responsibility   

and ,long-,term ,economic ,security  7a7
 ,definitions ,in this section3 7#a7    
,joint select committee ,the term joint 
select committee means the ,joint       
,select ,committee on ,fiscal           
,responsibility and ,long-,term         
,economic ,security established under   
subsection 7b77#a74  7#b7 ,joint select 
committee bill ,the term joint select   
committee bill means a bill consisting  
of the proposed legislative language of 
the joint select committee recommended  
under subsection 7b77#c77;,b7 and       
introduced under subsection 7e77#a74    
7#c7 ,fiscal imbalance ,the term fiscal 
imbalance means the gap between the     
projected revenues and expenditures of  
the ,government4  7b7 ,establishment of 
joint select committee  7#a7            
,establishment ,there is established in 
the legislative branch a joint select   
committee to be known as the ,joint     
,select ,committee on ,fiscal           
,responsibility and ,long-,term         
,economic ,security4  7#b7 ,purposes    

7,a7 ,review ,the joint select committee
 shall review the fiscal imbalance of   
the ,government1 including-- 7i7        
analyses of projected expenditures2     
7ii7 analyses of projected revenues2 and
  7iii7 analyses of the current and     
long-term actuarial financial condition 
of the ,government4  7,b7 ,identify     
factors ,the joint select committee     
shall identify factors that affect the  
long-term fiscal imbalance of the       
,government4  7,c7 ,analyze potential   
courses of action ,the joint select     
committee shall analyze potential       
courses of action to address factors    
that affect the long-term fiscal        
imbalance of the ,government4  7,d7     
,provide recommendations and legislative
 language ,in consultation with the     
applicable committees of subject-matter 
jurisdiction1 the joint select committee
 shall provide recommendations and      
legislative language that will          
significantly improve the long-term     
fiscal imbalance of the ,government1    

including recommendations addressing--  
7i7 expenditures2  7ii7 revenues2 and   
7iii7 the current and long-term         
actuarial financial condition of the    
,government4  7#c7 ,duties  7,a7 ,in    
general ,the joint select committee     
shall address the ,nation's long-term   
fiscal imbalances1 consistent with the  
purposes described in paragraph 7#b71   
and shall submit the report and         
recommendations required under          
subparagraph 7,b74  7,b7 ,report1       
recommendations1 and legislative        
language  7i7 ,in general ,not later    
than #ah months after the date of       
enactment of the ,fiscal ,responsibility
 and ,long-,term ,economic ,security    
,act1 the joint select committee shall  
vote on a report that contains-- 7,i7 a 
detailed statement of the findings1     
conclusions1 and recommendations of the 
joint select committee2  7,,ii7 the     
assumptions1 scenarios1 and alternatives
 considered in reaching such findings1  
conclusions1 and recommendations2 and   

7,,iii7 proposed legislative language to
 carry out such recommendations as      
described in paragraph 7#b77;,d74  7ii7 
,approval of report ,the report of the  
joint select committee submitted under  
clause 7i7 shall require the approval of
 not fewer than #aj out of #af members  
that includes not fewer than #e members 
from the political party of the ,speaker
 of the ,house and not fewer than #e    
members of the opposing political party4
  7iii7 ,additional views ,a member of  
the joint select committee who gives    
notice of an intention to file          
supplemental1 minority1 or additional   
views at the time of final joint select 
committee approval of the report under  
clause 7ii71 shall be entitled to not   
less than #c calendar days in which to  
file such views in writing with the     
staff director of the joint select      
committee4 ,such views shall then be    
included in the joint select committee  
report and printed in the same volume1  
or part thereof1 and their inclusion    

shall be noted on the cover of the      
report4 ,in the absence of timely       
notice1 the joint select committee      
report may be printed and transmitted   
immediately without such views4  7iv7   
,transmission of report ,not later than 
#g days after the vote of the joint     
select committee under clause 7i71 the  
joint select committee shall submit its 
bill and final report to the ,speaker of
 the ,house and the majority and        
minority leaders of both ,houses4  7v7  
,report to be made public ,upon the     
approval or disapproval of the joint    
select committee report pursuant to     
clause 7ii71 the joint select committee 
shall promptly make the full report1 and
 a record of the vote1 available to the 
public4  7#d7 ,membership  7,a7 ,in     
general ,the joint select committee     
shall be composed of #af members        
designated pursuant to subparagraph     
7,b74  7,b7 ,designation ,members of the
 joint select committee shall be        
designated as follows3 7i7 ,the majority

 leader of the ,senate shall designate  
#d members from among ,members of the   
,senate4  7ii7 ,the minority leader of  
the ,senate shall designate #d members  
from among ,members of the ,senate4     
7iii7 ,the ,speaker of the ,house of    
,representatives shall designate #h     
members from among ,members of the      
,house of ,representatives of whom #d   
shall be upon the recommendation of the 
minority leader4  7,c7 ,co-chairs  7i7  
,in general ,there shall be #b          
,co-,chairs of the joint select         
committee4 ,the ,speaker of the ,house  
in coordination with the minority leader
 of the ,senate shall designate one     
,co-,chair among the voting members of  
the joint select committee4 ,the        
majority leader of the ,senate in       
coordination with the minority leader of
 the ,house shall designate the second  
,co-,chair among the members of the     
joint select committee4 ,the ,co-,chairs
 shall be appointed not later than #cj  
days after the date of enactment of this

 section4  7ii7 ,staff director ,the    
,co-,chairs1 acting jointly1 shall hire 
the staff director of the joint select  
committee4  7,d7 ,date ,members of the  
joint select committee shall be         
designated by not later than #ij days   
after the date of enactment of this     
section4  7,e7 ,period of designation   
,members shall be designated for the    
life of the joint select committee4 ,any
 vacancy in the joint select committee  
shall not affect its powers1 but shall  
be filled not later than #ae days after 
the date on which the vacancy occurs in 
the same manner as the original         
designation4  7#e7 ,administration  7,a7
 ,authority to establish rules and      
regulations ,the ,co-,chairs1 in        
consultation with the other members of  
the joint select committee1 may         
establish rules and regulations for the 
conduct of joint select committee       
business1 if such rules and regulations 
are not inconsistent with this section  
or the ,rules of the ,house of          

,representatives or the ,standing ,rules
 of the ,senate4  7,b7 ,quorum ,nine    
members of the joint select committee   
shall constitute a quorum for purposes  
of voting1 meeting1 and holding         
hearings4  7,c7 ,voting  7i7 ,proxy     
voting ,no proxy voting shall be allowed
 on behalf of the members of the joint  
select committee4  7ii7 ,congressional  
,budget ,office and ,joint ,committee on
 ,taxation ,estimates ,the              
,congressional ,budget ,office and      
,joint ,committee on ,taxation shall    
provide estimates of the joint select   
committee report and recommendations 7as
 described in paragraph 7#b77;,d77 in   
accordance with section #cjh7;a7 and    
#bja7;f7 of the ,congressional ,budget  
,act of #aigd4 ,the joint select        
committee may not vote on any version of
 the report1 recommendations1 or        
legislative language unless a final     
estimate is available for consideration 
by all the members at least #gb hours   
prior to the vote4  7,d7 ,meetings  7i7 

,initial meeting ,not later than #de    
days after the appointment of the       
,co-,chairs1 the joint select committee 
shall hold its first meeting4  7ii7     
,meetings ,the joint select committee   
shall meet at the call of the           
,co-,chairs or at least #aj of its      
members4  7iii7 ,agenda ,an agenda shall
 be provided to the joint select        
committee members at least #c           
legislative days in advance of any      
meeting4 ,joint select committee members
 who want to have items placed on the   
agenda for consideration shall notify   
the staff director as early as possible1
 but not less than #dh hours in advance 
of a scheduled meeting4  7,e7 ,hearings 
7i7 ,in general ,the joint select       
committee may1 for the purpose of       
carrying out this section1 hold such    
hearings1 sit and act at such times and 
places1 take such testimony1 receive    
such evidence1 and administer such oaths
 the joint select committee considers   
advisable4  7ii7 ,hearing procedures and

 responsibilities of co-chairs  7,i7    
,announcement ,the joint select         
committee ,co-,chairs shall make public 
announcement of the date1 place1 time1  
and subject matter of any hearing to be 
conducted at least #c legislative days  
in advance of such hearing1 unless the  
,co-,chairs determine that there is good
 cause to begin such hearing at an      
earlier date4  7,,ii7 ,written statement
 ,a witness appearing before the joint  
select committee1 including the         
,secretary of the ,treasury1 shall file 
a written statement of proposed         
testimony at least #b days prior to     
appearance1 unless the requirement is   
waived by the ,co-,chairs1 following    
their determination that there is good  
cause for failure of compliance4  7,f7  
,technical assistance ,upon written     
request of the ,co-,chairs1 a ,federal  
agency shall provide technical          
assistance to the joint select committee
 in order for the joint select committee
 to carry out its duties4  7c7 ,staff of

 joint select committee  7#a7           
,appointment and compensation of shared 
staff ,the ,co-,chairs may appoint and  
fix the compensation of a staff director
 and such other personnel as may be     
necessary to enable the joint select    
committee to carry out its functions1   
without regard to the provisions of     
title #e1 ,united ,states ,code1        
governing appointments in the           
competitive service1 but at rates not to
 exceed the daily rate paid a person    
occupying a position at level ,,iii of  
the ,executive ,schedule under section  
#ecad of title #e1 ,united ,states      
,code4  7#b7 ,additional staff for joint
 select committee members ,each member  
of the joint select committee may       
appoint #a additional dedicated staff   
and fix the compensation of such        
dedicated personnel without regard to   
the provisions of title #e1 ,united     
,states ,code1 governing appointments in
 the competitive service1 but at rates  
not to exceed the daily rate paid a     

person occupying a position at level    
,,iii of the ,executive ,schedule under 
section #ecad of title #e1 ,united      
,states ,code4 ,dedicated staff shall   
report to each appointing member4  7#c7 
,advisory panel ,the joint select       
committee may establish an advisory     
panel consisting of volunteers with     
knowledge and expertise relevant to the 
joint select committee's purpose4       
,membership of the ,advisory ,panel1 and
 the scope of the ,panel's activities1  
shall be decided by the ,co-,chairs in  
consultation with the other members of  
the joint select committee4  7d7        
,termination  7#a7 ,in general ,the     
joint select committee shall terminate  
#ij days after the joint select         
committee submits the report required   
under subsection 7b77#c77;,b74  7#b7    
,concluding activities ,the joint select
 committee may use the #ij-;day period  
referred to in paragraph 7#a7 for the   
purpose of concluding its activities1   
including providing testimony to        

committees of ,congress concerning its  
report and disseminating the final      
report4  7e7 ,expedited procedures  7#a7
 ,introduction of joint select committee
 bill ,the joint select committee bill--
 7,a7 shall be introduced in the ,senate
 7by request71 with any technical       
changes necessary to carry out the      
intent of the bill1 by the majority     
leader of the ,senate or by a ,member of
 the ,senate designated by the majority 
leader of the ,senate not later than #e 
legislative days after the date on which
 the bill is submitted to ,congress     
under subsection 7b77#c77;,b72 and  7,b7
 shall be introduced in the ,house of   
,representatives 7by request71 with any 
technical changes necessary to carry out
 the intent of the bill1 by the ,speaker
 of the ,house of ,representatives or by
 a ,member of the ,house of             
,representatives designated by the      
,speaker of the ,house of               
,representatives not later than #e      
legislative days after the date on which

 the bill is submitted to ,congress     
under subsection 7b77#c77;,b74  7#b7    
,expedited consideration in ,house of   
,representatives  7,a7 ,placement on    
calendar ,upon introduction in the      
,house of ,representatives1 the joint   
select committee bill shall be placed   
immediately on the appropriate calendar4
  7,b7 ,proceeding to consideration  7i7
 ,in general ,it shall be in order1 not 
later than #cj legislative days after   
the date the joint select committee bill
 is introduced in the ,house of         
,representatives1 to move to proceed to 
consider the joint select committee bill
 in the ,house of ,representatives4     
7ii7 ,procedure ,for a motion to proceed
 to consider the joint select committee 
bill-- 7,i7 all points of order against 
the motion are waived2  7,,ii7 such a   
motion shall not be in order after the  
,house of ,representatives has disposed 
of a motion to proceed on the joint     
select committee bill2  7,,iii7 the     
previous question shall be considered as

 ordered on the motion to its adoption  
without intervening motion2  7,,iv7 the 
motion shall not be debatable2 and  7,v7
 a motion to reconsider the vote by     
which the motion is disposed of shall   
not be in order4  7,c7 ,consideration   
,when the ,house of ,representatives    
proceeds to consideration of the joint  
select committee bill-- 7i7 the joint   
select committee bill shall be          
considered as read2  7ii7 all points of 
order against the joint select committee
 bill and against its consideration are 
waived2  7iii7 the previous question    
shall be considered as ordered on the   
joint select committee bill to its      
passage without intervening motion      
except #aj hours of debate equally      
divided and controlled by the proponent 
and an opponent2  7iv7 an amendment to  
the joint select committee bill shall   
not be in order2 and  7v7 a motion to   
reconsider the vote on passage of the   
joint select committee bill shall not be
 in order4  7,d7 ,vote on passage ,in   

the ,house of ,representatives1 the     
joint select committee bill shall be    
agreed to upon a vote of a majority of  
the ,members present and voting1 a      
quorum being present4  7#c7 ,expedited  
consideration in ,senate  7,a7          
,placement on calendar ,upon            
introduction in the ,senate1 the joint  
select committee bill shall be placed   
immediately on the calendar4  7,b7      
,proceeding to consideration  7i7 ,in   
general ,notwithstanding rule ,,xxii of 
the ,standing ,rules of the ,senate1 it 
is in order1 not later than #cj         
legislative days after the date the     
joint select committee bill is          
introduced in the ,senate 7even though a
 previous motion to the same effect has 
been disagreed to7 to move to proceed to
 the consideration of the joint select  
committee bill4  7ii7 ,procedure ,for a 
motion to proceed to the consideration  
of the joint select committee bill--    
7,i7 all points of order against the    
motion are waived2  7,,ii7 the motion is

 not debatable2  7,,iii7 the motion is  
not subject to a motion to postpone2    
7,,iv7 a motion to reconsider the vote  
by which the motion is agreed to or     
disagreed to shall not be in order2 and 
7,v7 if the motion is agreed to1 the    
joint select committee bill shall remain
 the unfinished business until disposed 
of4  7,c7 ,floor consideration  7i7 ,in 
general ,if the ,senate proceeds to     
consideration of the joint select       
committee bill-- 7,i7 all points of     
order against the joint select committee
 bill 7and against consideration of the 
joint select committee bill7 are waived2
  7,,ii7 consideration of the joint     
select committee bill1 and all debatable
 motions and appeals in connection      
therewith1 shall be limited to not more 
than #cj hours1 which shall be divided  
equally between the majority and        
minority leaders or their designees2    
7,,iii7 a motion further to limit debate
 is in order and not debatable2  7,,iv7 
an amendment to1 a motion to postpone1  

or a motion to commit the joint select  
committee bill is not in order2 and     
7,v7 a motion to proceed to the         
consideration of other business is not  
in order4  7ii7 ,vote on passage ,in the
 ,senate-- 7,i7 the vote on passage     
shall occur immediately following the   
conclusion of the consideration of the  
joint select committee bill1 and a      
single quorum call at the conclusion of 
the debate if requested in accordance   
with the rules of the ,senate2 and      
7,,ii7 the joint select committee bill  
shall be agreed to upon a vote of a     
majority of the ,members present and    
voting1 a quorum being present4  7iii7  
,rulings of the chair on procedure      
,appeals from the decisions of the      
,chair relating to the application of   
this subsection or the rules of the     
,senate1 as the case may be1 to the     
procedure relating to the joint select  
committee bill shall be decided without 
debate4  7#d7 ,rules relating to ,senate
 and ,house of ,representatives  7,a7   

,coordination with action by other house
 ,if1 before the passage by one ,house  
of the joint select committee bill of   
that ,house1 that ,house receives from  
the other ,house the joint select       
committee bill-- 7i7 the joint select   
committee bill of the other ,house shall
 not be referred to a committee2 and    
7ii7 with respect to the joint select   
committee bill of the ,house receiving  
the resolution-- 7,i7 the procedure in  
that ,house shall be the same as if no  
joint select committee bill had been    
received from the other ,house2 and     
7,,ii7 the vote on passage shall be on  
the joint select committee bill of the  
other ,house4  7,b7 ,treatment of joint 
select committee bill of other house ,if
 one ,house fails to introduce or       
consider the joint select committee bill
 under this subsection1 the joint select
 committee bill of the other ,house     
shall be entitled to expedited floor    
procedures under this subsection4  7,c7 
,treatment of companion measures ,if1   

following passage of the joint select   
committee bill in the ,senate1 the      
,senate receives the companion measure  
from the ,house of ,representatives1 the
 companion measure shall not be         
debatable4  7,d7 ,vetoes ,if the        
,president vetoes the joint select      
committee bill1 consideration of a veto 
message in the ,senate under this       
subsection shall be not more than #aj   
hours equally divided between the       
majority and minority leaders or their  
designees4  4