,i #aah? ,,congress #a/ ,session ,h4 ,r4 #dfea ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #ad1 #bjbc,mr4 ,l\d]milk introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to require ! ,secret>y ( ! ,treasury to issue a report conta9+ in=mation on extraord9>y measures available :5 ! debt ( ! ,unit$ ,/ates ,gov]nm5t approa*es ! /atutory limit1 & = o!r purposes4 #a4 ,report on extraord9>y measures 7a7 ,9 g5]al ,^u ! ,secret>y ( ! ,treasury notify+ ,congress t ! ,dep>tm5t ( ! ,treasury has be5 =c$ to beg9 us+ extraord9>y measures 9 ord] to meet ,f$]al fund+ obligations )\t issu+ additional ,treasury securities1 ! ,secret>y ( ! ,treasury %all issue a report to ! vot+ memb]s ( ! ,f9ancial ,/ability ,ov]sight ,c\ncil1 ! ,(fice ( ,f9ancial ,rese>*1 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate conta9+-- 7#a7 a li/ ( available extraord9>y measures1 /at$ z a doll> am\nt2 7#b7 a projection ( ! headroom "u ! /atutory limit = ! debt ( ! ,unit$ ,/ates ,gov]nm5t 7z def9$ 9 section #caja ( title #ca1 ,unit$ ,/ates ,code7 af=d$ by ea* extraord9>y measure 7:]e headroom "u ! /atutory debt limit ref]s to ! diff]5ce betwe5 ! curr5t /atutory debt limit & ! project$ op]at+ ca% balance ( ! ,dep>tm5t ( ! ,treasury72 7#c7 a projection ( ! date on :i*-- 7,a7 all available headroom af=d$ by use ( all available extraord9>y measures w be exhau/$2 7,b7 ! ,dep>tm5t ( ! ,treasury w h an op]at+ ca% balance at or bel[ #ej1jjj1jjj1jjj2 7,c7 ! debt ( ! ,unit$ ,/ates ,gov]nm5t w be )9 #ej1jjj1jjj1jjj ( rea*+ ! /atutory limit2 & 7,d7 ! ,dep>tm5t ( ! ,treasury w be unable to make timely paym5ts on ! debt ( ! ,unit$ ,/ates ,gov]nm5t2 & 7#d7 an atte/ation by ! ,secret>y ( ! ,treasury z to :e!r ! debt ( ! ,unit$ ,/ates ,gov]nm5t approa*+ ! /atutory limit is an em]g+ ?reat to ! f9ancial /ability ( ! ,unit$ ,/ates4 7b7 ,projection requirem5ts ,ea* projection requir$ "u subsection 7a7 %all include a po9t e/imate =eca/ along ) an accompany+ #ie p]c5t confid5ce int]val4