,,ii #aagth ,,congress #ast ,session ,s4 #aiij ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,june #i1 #bjba,mr4 ,scott of ,florida 7for himself1 ,mr4 ,cruz1 ,mr4 ,braun1 ,mr4 ,barrasso1 ,ms4 ,ernst1 ,mrs4 ,blackburn1 ,mr4 ,tuberville1 ,mr4 ,johnson1 and ,ms4 ,lummis7 introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to establish processes to control inflationary pressures and the ,federal debt1 during ,federal debt emergencies4 #a4 ,short title ,this ,act may be cited as the ,federal ,debt ,emergency ,control ,act of #bjba4 #b4 ,definitions ,in this ,act-- 7#a7 the terms budget year and current year have the meanings given those terms in section #bej7;c7 of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijj7;c72 7#b7 the term eligible bill means a bill introduced in the ,house of ,representatives or ,senate-- 7,a7 during a ,federal debt emergency period2 7,b7 the title of which is ,to provide for deficit reduction under the ,federal ,debt ,emergency ,control ,act of #bjba42 7,c7 that1 if enacted1 would result in a reduction of the deficit of not less than #e percent during the #aj-;fiscal-year period following the current fiscal year2 and 7,d7 that does not increase the rate of any ,federal tax or increase any fee paid to the ,federal ,government2 7#c7 the term ,federal debt emergency period means the fiscal year following a fiscal during which the amount of the debt of the ,federal ,government held by the public exceeded the gross domestic product of the ,united ,states for that fiscal year2 7#d7 the term outlays has the meaning given that term in section #c of the ,congressional ,budget and ,impoundment ,control ,act of #aigd 7#b ,u4,s4,c4 #fba72 and 7#e7 the term stimulus spending means amounts made available under-- 7,a7 the ,coronavirus ,preparedness and ,response ,supplemental ,appropriations ,act1 #bjbj 7,public ,law #aaf-abc2 #acd ,stat #adf72 7,b7 the ,families ,first ,coronavirus ,response ,act 7,public ,law #aaf-abg2 #acd ,stat4 #agh72 7,c7 the ,,cares ,act 7,public ,law #aaf-acf2 #acd ,stat4 #bha72 7,d7 the ,paycheck ,protection ,program and ,health ,care ,enhancement ,act 7,public ,law #aaf-aci2 #acd ,stat4 #fbj72 7,e7 division ,n 7relating to additional coronavirus response and relief7 of the ,consolidated ,appropriations ,act1 #bjba 7,public ,law #aaf-bfj72 or 7,f7 the ,american ,rescue ,plan ,act of #bjba 7,public ,law #aag-b74 #c4 ,federal debt emergency control 7a7 ,termination of unspent stimulus spending in a ,federal debt emergency ,effective on the first day of the first ,federal debt emergency period1 as determined by the ,director of the ,office of ,management and ,budget1 the unobligated balances of all stimulus spending are rescinded and shall be returned to the general fund of the ,treasury4 7b7 ,self-,financing of legislation increasing spending during a ,federal debt emergency 7#a7 ,point of order ,during a ,federal debt emergency period1 it shall not be in order in the ,senate to consider any bill1 joint resolution1 motion1 amendment1 amendment between the ,houses1 or conference report that 7excluding changes in ,federal tax revenue1 if any7 would-- 7,a7 increase outlays1 relative to the most recent baseline under section #beg of the ,balanced ,budget and ,emergency ,deficit ,control ,act of #aihe 7#b ,u4,s4,c4 #ijg7 over the period of the current year1 the budget year1 and the ensuing #i fiscal years2 or 7,b7 increase the deficit over the period of the current year1 the budget year1 and the ensuing #i fiscal years4 7#b7 ,determination ,the determination of the existence of a ,federal debt emergency period1 outlays1 and the deficit for purposes of paragraph 7#a7 shall be based on estimates provided by the ,congressional ,budget ,office4 7#c7 ,waiver and appeal ,paragraph 7#a7 may be waived or suspended in the ,senate only by an affirmative vote of two thirds of the ,members1 duly chosen and sworn4 ,an affirmative vote of two thirds of the ,members of the ,senate1 duly chosen and sworn1 shall be required to sustain an appeal of the ruling of the ,chair on a point of order raised under paragraph 7#a74 7#d7 ,exercise of rulemaking powers ,congress adopts the provisions of this subsection-- 7,a7 as an exercise of the rulemaking power of the ,senate1 and as such they shall be considered as part of the rules of the ,senate1 and such rules shall supersede other rules only to the extent that they are inconsistent with such other rules2 and 7,b7 with full recognition of the constitutional right of the ,senate to change those rules 7insofar as they relate to the ,senate7 at any time1 in the same manner1 and to the same extent as is the case of any other rule of the ,senate4 #d4 ,expedited consideration of deficit reducing bills 7a7 ,consideration in the house of representatives 7#a7 ,referral and reporting ,any committee of the ,house of ,representatives to which an eligible bill is referred shall report it to the ,house without amendment not later than #cj days after the date on which the eligible bill is introduced4 ,if a committee fails to report an eligible bill within that period1 it shall be in order to move that the ,house discharge the committee from further consideration of the bill4 ,such a motion shall not be in order after the last committee authorized to consider the bill reports it to the ,house or after the ,house has disposed of a motion to discharge the bill4 ,the previous question shall be considered as ordered on the motion to its adoption without intervening motion except #bj minutes of debate equally divided and controlled by the proponent and an opponent4 ,if such a motion is adopted1 the ,house shall proceed immediately to consider the eligible bill in accordance with paragraphs 7#b7 and 7#c74 ,a motion to reconsider the vote by which the motion is disposed of shall not be in order4 7#b7 ,proceeding to consideration ,after the last committee authorized to consider an eligible bill reports it to the ,house or has been discharged 7other than by motion7 from its consideration1 it shall be in order to move to proceed to consider the eligible bill in the ,house4 ,such a motion shall not be in order after the ,house has disposed of a motion to proceed with respect to the eligible bill4 ,the previous question shall be considered as ordered on the motion to its adoption without intervening motion4 ,a motion to reconsider the vote by which the motion is disposed of shall not be in order4 7#c7 ,consideration ,an eligible bill shall be considered as read4 ,all points of order against an eligible bill and against its consideration are waived4 ,the previous question shall be considered as ordered on an eligible bill to its passage without intervening motion except #b hours of debate equally divided and controlled by the proponent and an opponent and one motion to limit debate on the eligible bill4 ,a motion to reconsider the vote on passage of an eligible bill shall not be in order4 7#d7 ,vote on passage ,the vote on passage of an eligible bill shall occur not later than #cj days after the date on which the eligible bill is introduced4 7b7 ,expedited procedure in the ,senate 7#a7 ,committee consideration ,an eligible bill introduced in the ,senate shall be jointly referred to the committee or committees of jurisdiction1 which committees shall report the bill without any revision and with a favorable recommendation1 an unfavorable recommendation1 or without recommendation1 not later than #cj days after the date on which the eligible bill is introduced4 ,if any committee fails to report an eligible bill within that period1 that committee shall be automatically discharged from consideration of the eligible bill1 and the eligible bill shall be placed on the appropriate calendar4 7#b7 ,motion to proceed ,notwithstanding ,rule ,,xxii of the ,standing ,rules of the ,senate1 it is in order1 not later than #b days of session after the date on which an eligible bill is reported or discharged from all committees to which it was referred1 for the majority leader of the ,senate or the majority leader's designee to move to proceed to the consideration of the eligible bill4 ,it shall also be in order for any ,member of the ,senate to move to proceed to the consideration of the eligible bill at any time after the conclusion of such #b-;day period4 ,a motion to proceed is in order even though a previous motion to the same effect has been disagreed to4 ,all points of order against the motion to proceed to an eligible bill are waived4 ,the motion to proceed is not debatable4 ,the motion is not subject to a motion to postpone4 ,a motion to reconsider the vote by which the motion is agreed to or disagreed to shall not be in order4 ,if a motion to proceed to the consideration of an eligible bill is agreed to1 the eligible bill shall remain the unfinished business until disposed of4 7#c7 ,consideration ,all points of order against an eligible bill and against consideration of the eligible bill are waived4 ,consideration of an eligible bill and of all debatable motions and appeals in connection therewith shall not exceed a total of #cj hours which shall be divided equally between the majority and minority leaders or their designees4 ,a motion further to limit debate on an eligible bill is in order1 shall require an affirmative vote of three-fifths of the ,members duly chosen and sworn1 and is not debatable4 ,any debatable motion or appeal is debatable for not to exceed #a hour1 to be divided equally between those favoring and those opposing the motion or appeal4 ,all time used for consideration of an eligible1 including time used for quorum calls and voting1 shall be counted against the total #cj hours of consideration4 7#d7 ,no amendments ,an amendment to an eligible bill1 or a motion to postpone1 or a motion to proceed to the consideration of other business1 or a motion to recommit the eligible bill1 is not in order4 7#e7 ,vote on passage ,if the ,senate has voted to proceed to an eligible bill1 the vote on passage of the eligible bill shall occur immediately following the conclusion of the debate on the eligible bill1 and a single quorum call at the conclusion of the debate if requested4 ,the vote on passage of an eligible bill shall occur not later than #cj days after the date on which the eligible bill is introduced4 7#f7 ,rulings of the chair on procedure ,appeals from the decisions of the ,chair relating to the application of the rules of the ,senate1 as the case may be1 to the procedure relating to an eligible bill shall be decided without debate4 7c7 ,amendment ,an eligible bill shall not be subject to amendment in either the ,house of ,representatives or the ,senate4 7d7 ,consideration by the other house 7#a7 ,in general ,if one ,house receives from the other an eligible bill-- 7,a7 the eligible bill of the other ,house shall not be referred to a committee2 and 7,b7 the eligible bill of the other ,house shall be entitled to expedited floor procedures under this section4 7#b7 ,revenue measure ,this subsection shall not apply to the ,house of ,representatives if an eligible bill received from the ,senate is a revenue measure4 7e7 ,vetoes ,if the ,president vetoes an eligible bill1 debate on a veto message in the ,senate under this section shall be #a hour equally divided between the majority and minority leaders or their designees4 7f7 ,loss of privilege ,the provisions of this section shall only apply to an eligible bill during a ,federal debt emergency period4 7g7 ,rulemaking ,the provisions of this section are enacted by ,congress-- 7#a7 as an exercise of the rulemaking power of the ,house of ,representatives and the ,senate1 respectively1 and as such they shall be considered as part of the rules of each ,house1 respectively1 or of that ,house to which they specifically apply1 and such rules shall supersede other rules only to the extent that they are inconsistent therewith2 and 7#b7 with full recognition of the constitutional right of either ,house to change such rules 7so far as relating to such ,house7 at any time1 in the same manner1 and to the same extent as in the case of any other rule of such ,house4