,i #aag? ,,congress #b;d ,session ,h4 ,r4 #ijcb ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #bi1 #bjbb,mr4 ,arr+ton 7= himself1 ,mr4 ,mann1 & ,mr4 ,web] ( ,texas7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,budget1 & 9 addition to ! ,committee on ,rules1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe to ext5d ! discretion>y sp5d+ limits ?r\gh fiscal ye> #bjcb1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,controll+ ,am]ica's ,p]il\s ,sp5d+ ,act4 #b4 ,ext5sion ( discretion>y sp5d+ limits 7a7 ,s5se ( ,congress ,x is ! s5se ( ,congress t-- 7#a7 ! curr5t fiscal trajectory is unsu/a9able1 ) ! ,f$]al debt n[ exce$+ #cj trillion2 7#b7 ! ,congressional ,budget ,(fice projects t sp5d+1 z a %>e ( ,gross ,dome/ic ,product1 w rise f #ai4f p]c5t 9 fiscal ye> #bjbb1 to #bd4c p]c5t by ! end ( ! decade1 & ! ,f$]al debt is project$ to increase by approximately #af trillion ov] ! next #aj ye>s2 7#c7 ! abs5ce ( fiscal gu>drails1 su* z /atutory discretion>y sp5d+ caps1 means t !re is no mean+ful re/ra9t on ,congress' ability to appropriate excessive sp5d+2 7#d7 sp5d+ caps are a necess>y tool to help br+ sp5d+ "u control & 7 9 place f #aiia ?r\gh #bjjb & aga9 f #bjab ?r\gh #bjba2 7#e7 ?is legislation is a framework1 bas$ on ,may #bjbb ,congressional ,budget ,(fice projections1 t w\ld help re9 9 discretion>y sp5d+2 & 7#f7 ! discretion>y caps set =? bel[ are design$ to sl[ discretion>y sp5d+ gr[? rates & may ne$ to be am5d$ to incorporate subsequ5t basel9e *anges prior to becom+ law4 7b7 ,ext5sion ,section #bea7;c7 ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ija7;c77 is am5d$-- 7#a7 9 p>agraph 7#g77;,b71 by /rik+ & at ! end2 & 7#b7 by ins]t+ aft] p>agraph 7#h7 ! foll[+3 7#i7 = fiscal ye> #bjbc1 #a1ehg1afd1jjj1jjj 9 new budget au?ority2 7#aj7 = fiscal ye> #bjbd1 #a1fah1ijg1bhj1jjj 9 new budget au?ority2 7#aa7 = fiscal ye> #bjbe1 #a1fea1bhe1dbe1fjj 9 new budget au?ority2 7#ab7 = fiscal ye> #bjbf1 #a1fhd1caa1acd1aab 9 new budget au?ority2 7#ac7 = fiscal ye> #bjbg1 #a1gag1iig1cef1gid 9 new budget au?ority2 7#ad7 = fiscal ye> #bjbh1 #a1geb1ceg1cjc1icj 9 new budget au?ority2 7#ae7 = fiscal ye> #bjbi1 #a1ghg1djd1dej1jji 9 new budget au?ority2 7#af7 = fiscal ye> #bjcj1 #a1hbc1aeb1eci1jji 9 new budget au?ority2 7#ag7 = fiscal ye> #bjca1 #a1hei1fae1ehi1ghi 9 new budget au?ority2 & 7#ah7 = fiscal ye> #bjcb1 #a1hif1hjg1ija1ehe 9 new budget au?ority2 4 7c7 ,po9t ( ord] ,section #bed ( ! ,balanc$ ,budget & ,em]g5cy ,deficit ,control ,act ( #aihe 7#b ,u4,s4,c4 #ijd7 is am5d$ by add+ at ! end ! foll[+3 7k7 ,po9t ( ord] 7#a7 ,9 g5]al ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t susp5ds1 waives1 or o!rwise prev5ts a seque/ration ord] f tak+ effect "u ?is section4 7#b7 ,waiv] ,p>agraph 7#a7 may be waiv$ or susp5d$ 9 ! ,s5ate only by an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn4 4