,,ib  ,union ,cal5d> ,no4 #bgi  #aah?   
,,congress  #b;d ,session  ,h4 ,r4 #ahg 
,report ,no4 #aah-cdj  ,,9 ,,! ,,h\se   
,,( ,,repres5tatives  ,janu>y #i1 #bjbc 
,mr4 ,mc,clintock 7= himself1 ,mr4      
,duncan1 ,mr4 ,gro?man1 & ,mr4 ,gaetz7  
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,janu>y
 #i1 #bjbd ,additional sponsor3 ,mrs4   
,lesko  ,janu>y #i1 #bjbd ,report$ ) an 
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$ ,/rike out all aft] ! 
enact+ clause & ins]t ! "p pr9t$ 9      
italic ,= text ( introduc$ bill1 see    
copy ( bill z introduc$ on ,janu>y #i1  
#bjbc  ,a ,,bill  ,to ensure ! paym5t ( 
int]e/ & pr9cipal ( ! debt ( ! ,unit$   
,/ates4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,default ,prev5tion ,act4   
#b4 ,paym5t ( obligations  7a7 ,9 g5]al 
,at any "t t ! debt ( ! ,unit$ ,/ates   
,gov]nm5t subject to limitation "u      
section #caja ( title #ca1 ,unit$ ,/ates
 ,code1 has rea*$ ! limitation impos$ "u

 su* section1 ! ,secret>y ( ! ,treasury 
7h]eaft] 9 ?is section ref]r$ to z !    
,secret>y7 %all--  7#a7 pay ,ti] ,i     
obligations z su* obligations become    
due1  7#b7 issue su* obligations "u     
*apt] #ca ( title #ca1 ,unit$ ,/ates    
,code1 z--  7,a7 are necess>y to make ! 
paym5ts describ$ 9 p>agraph 7#a71 or    
7,b7 are to be held exclusively by a    
tru/ fund ref]r$ to 9 subsection        
7b77#a77;,a71  7#c7 pay ,ti] ,,iii      
obligations only to ! ext5t t !         
,secret>y c /ill pay all ,ti] ,,ii      
obligations z su* obligations become    
due1  7#d7 pay ,ti] ,,iv obligations    
only to ! ext5t t ! ,secret>y c /ill pay
 all ,ti] ,,ii & ,ti] ,,iii obligations 
z su* obligations become due1  7#e7 pay 
,ti] ,v obligations only to ! ext5t t ! 
,secret>y c /ill pay all ,ti] ,,ii1 ,ti]
 ,,iii1 & ,ti] ,,iv obligations z su*   
obligations become due1 &  7#f7 submit  
to ! ,committee on ,ways & ,means ( !   
,h\se ( ,repres5tatives & ! ,committee  
on ,f9ance ( ! ,s5ate a weekly writt5   

report conta9+ ! in=mation describ$ 9   
subsection 7d74  7b7 ,def9itions ,=     
purposes ( ?is section-- 7#a7 ,ti] ,i   
obligations ,! t]m ,ti] ,i obligations  
means paym5ts necess>y to provide any ( 
! foll[+3  7,a7 ,paym5t ) legal t5d]    
pursuant to ! au?ority provid$ "u       
section #cabc ( title #ca1 ,unit$ ,/ates
 ,code1 ( pr9cipal & int]e/ on debt held
 by-- 7i7 ! public1  7ii7 ! ,f$]al      
,old-,age & ,survivors ,insurance ,tru/ 
,fund or ! ,f$]al ,disability ,insurance
 ,tru/ ,fund1 or  7iii7 ! ,f$]al        
,hospital ,insurance ,tru/ ,fund or !   
,f$]al ,supplem5t>y ,m$ical ,insurance  
,tru/ ,fund4  7,b7 ,paym5ts "u ! ,m$ic>e
 program "u title ,,xviii ( ! ,social   
,security ,act 7#db ,u4,s4,c4 #acie et  
seq474  7#b7 ,ti] ,,ii obligations ,!   
t]m ,ti] ,,ii obligations means paym5ts 
necess>y to provide any ( ! foll[+3     
7,a7 ,any obligation ( ! ,dep>tm5t (    
,def5se4  7,b7 ,b5efits "u laws adm9i/]$
 by ! ,secret>y ( ,vet]ans ,affairs4    
7#c7 ,ti] ,,iii obligations ,! t]m ,ti] 

,,iii obligations means any obligation (
 ! ,unit$ ,/ates :i* is n a ,ti] ,i1    
,ti] ,,ii1 ,ti] ,,iv1 or ,ti] ,v        
obligation4  7#d7 ,ti] ,,iv obligations 
,! t]m ,ti] ,,iv obligations means any  
paym5t :i* con/itutes any ( ! foll[+3   
7,a7 ,comp5sation = any ,f$]al employee 
= (ficial "t "u section #gaca ( su*     
title #e1 ,unit$ ,/ates ,code4  7,b7    
,any paym5t = travel exp5ses = any (fic]
 or employee ( ! ,executive bran* (     
,gov]nm5t1 includ+ ! ,presid5t & ,vice  
,presid5t1 unless su* paym5t is a ,ti]  
,i or ,ti] ,,ii obligation4  7,c7       
,comp5sation ( any (fic] or employee ( !
 ,executive bran* ( ,gov]nm5t 7o!r ?an  
an individual 9 ! competitive s]vice1 z 
def9$ 9 section #bajb ( title #e1 ,unit$
 ,/ates ,code71 includ+ ! ,presid5t &   
,vice ,presid5t1 unless su* comp5sation 
is a ,ti] ,i or ,ti] ,,ii obligation4   
7#e7 ,ti] ,v obligations ,! t]m ,ti] ,v 
obligations means comp5sation ( any     
,memb] ( ,congress 7z t t]m is def9$ 9  
section #bajf ( title #e1 ,unit$ ,/ates 

,code74  7c7 ,coord9ation ) public debt 
limit ,obligations issu$ "u subsection  
7a77#b7 %all n be tak5 into acc\nt z    
subject to ! limitation impos$ "u       
section #caja7;b7 ( title #ca1 ,unit$   
,/ates ,code4 ,! prec$+ s5t5ce %all n   
apply ) respect to any obligation aft] !
 fir/ date 7aft] ! issuance ( su*       
obligation7 on :i* any modification or  
susp5sion ( su* limitation takes effect4
  7d7 ,weekly reports ,! writt5 report  
ref]r$ to 9 subsection 7a77#f7 %all     
include1 ) respect to ! p]iod cov]$ by  
su* report--  7#a7 ! am\nt ( ,ti] ,i    
obligations paid "u subsection 7a77#a7  
dur+ su* p]iod1  7#b7 ! am\nt (         
obligations issu$ "u subsection 7a77#b7 
dur+ su* p]iod1 &  7#c7 ! am\nt ( ,ti]  
,,ii obligations1 ,ti] ,,iii            
obligations1 ,ti] ,,iv obligations1 &   
,ti] ,v obligations :i* 7 paid dur+ su* 
p]iod 7/at$ sep>ately = ea* ti]7 & !    
aggregate am\nt ( su* obligations :i* 7 
due & unpaid z ( ! close ( su* p]iod    
7/at$ sep>ately = ea* ti]74  7e7 ,no    

inf]5ce ) respect to exi/+ au?ority to  
prioritize paym5ts ,dur+ any p]iod )    
respect to :i* ?is section does n apply1
 no?+ 9 ?is section %all be int]pret$ to
 re/rict ! au?ority ( ! ,secret>y to    
prioritize ! paym5t ( c]ta9 obligations 
ov] o!r obligations4  ,janu>y #i1 #bjbc 
,ref]r$ to ! ,committee on ,ways &      
,means ,janu>y #i1 #bjbd ,report$ ) an  
am5dm5t1 committ$ to ! ,committee ( !   
,:ole ,h\se on ! ,/ate ( ! ,union1 &    
ord]$ to be pr9t$