,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #fhie  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #ah1         
#bjbe,mr4 ,smuck] 7= himself & ,mr4     
,suozzi7 introduc$ ! foll[+ bill2 :i* 0 
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to provide fur!r means (  
acc\ntability ) respect to ! ,unit$     
,/ates debt & promote fiscal            
responsibility4  #a4 ,%ort title ,?is   
,act may be cit$ z ! ,debt ,solution &  
,acc\ntability ,act4  #b4 ,secret>y ( ! 
,treasury report to ,congress be=e debt 
limit is increas$  7a7 ,9 g5]al         
,sub*apt] ,,ii ( *apt] #ca ( title #ca1 
,unit$ ,/ates ,code1 is am5d$ by add+ at
 ! end ! foll[+3  #caca4  ,report be=e  
debt limit is increas$  7a7  ,9 g5]al   
,on ea* specifi$ report+ date1 !        
,secret>y ( ! ,treasury %all submit a   
report to ! ,committee on ,ways & ,means
 ( ! ,h\se ( ,repres5tatives1 !         
,committee on ,appropriations ( ! ,h\se 
( ,repres5tatives1 ! ,committee on !    
,budget ( ! ,h\se ( ,repres5tatives1 !  

,committee on ,f9ance ( ! ,s5ate1 !     
,committee on ,appropriations ( !       
,s5ate1 & ! ,committee on ! ,budget ( ! 
,s5ate consi/+ ( ! foll[+3  7#a7  ,debt 
,report  ,a report on ! /ate ( ! public 
debt1 includ+--  7,a7 ! hi/orical levels
 ( ! debt1 curr5t am\nt & composition ( 
! debt1 & future projections ( ! debt2  
7,b7 ! driv]s & composition ( future    
debt2 &  7,c7 h[ ! ,unit$ ,/ates w meet 
debt obligations1 includ+ pr9cipal &    
int]e/4  7#b7  ,/atem5t ( int5t  ,a     
detail$ explanation (-- 7,a7 proposals (
 ! ,presid5t to r$uce or sl[ ! gr[? ( ! 
public debt 9 ! %ort t]m 7! curr5t &    
foll[+ ?ree fiscal ye>s71 m$ium t]m     
7approximately five to n9e fiscal ye>s71
 & long t]m 7approximately t5 to        
tw5ty-five fiscal ye>s71 & proposals ( !
 ,presid5t to l[] ! debt-to-gross       
dome/ic product ratio2  7,b7 ! impact   
7includ+ ! impact on future ,gov]nm5t   
sp5d+1 debt s]vice1 & ! position ( !    
,unit$ ,/ates doll> z ! int]national    
res]ve curr5cy7 ( increas+ ! debt limit 

& ( leav+ ! debt limit un*ang$2 &  7,c7 
projections ( fiscal heal? &            
su/a9ability ( major direct-sp5d+       
entitlem5t programs 7includ+ ,social    
,security1 ,m$ic>e1 & ,m$icaid74  7b7   
,progress report  ,n m ?an #ahj days    
aft] any date on :i* any increase1 or   
susp5sion1 ( ! limitation impos$ "u     
section #caja takes effect1 ! ,secret>y 
( ! ,treasury %all submit a detail$     
report on ! progress ( implem5t+ all    
proposals ( ! ,presid5t describ$ "u     
subsection 7a77#b77;,a74  7c7  ,specifi$
 report+ date  ,= purposes ( ?is        
section1 ! t]m specifi$ report+ date    
means--  7#a7 any date on :i* ! debt    
subject to limit "u section #caja rea*es
 #ii4e p]c5t ( ! limitation impos$ "u   
su* section2 &  7#b7 ) respect to any   
p]iod = :i* ! limitation impos$ "u      
section #caja is susp5d$1 ! date :i* is 
#a mon? be=e ! expiration ( su*         
susp5sion4  7d7  ,public access to      
in=mation  ,! ,secret>y ( ! ,treasury   
%all furni% publicly accessible l9ks on 

! web page ( ! ,dep>tm5t ( ! ,treasury  
to ea* report submitt$ "u ?is section4  
,su* l9ks %all be available = n less ?an
 ! #f-mon? p]iod foll[+ ! date ( su*    
submission4  4  7b7 ,cl]ical am5dm5t ,! 
table ( analysis = *apt] #ca ( title    
#ca1 ,unit$ ,/ates ,code1 is am5d$ by   
ins]t+ aft] ! item relat+ to section    
#cacj ! foll[+3  #caca4 ,report aft]    
debt limit is increas$4  4  #c4 ,access 
to c]ta9 ,treasury ,dep>tm5t data ,n    
lat] ?an ?irty days aft] receipt ( a    
writt5 reque/ f ! ,*airman ( !          
,committee on ,ways & ,means ( ! ,h\se (
 ,repres5tatives or ! ,committee on     
,f9ance ( ! ,s5ate1 ! ,secret>y ( !     
,treasury %all provide to ! reque/+     
,*airman f9ancial & economic data       
relevant to det]m9+ ! am\nt ( ! public  
debt ( ! ,unit$ ,/ates1 includ+--  7#a7 
ca% fl[ & debt transaction in=mation us$
 9 prep>+ ! ,daily ,treasury ,/atem5t1  
includ+ curr5t balances1 receipts1 &    
paym5ts2  7#b7 op]at+ ca% balance       
projections2 &  7#c7 relevant in=mation 

reg>d+ any extraord9>y measures tak5 to 
prev5t ! public debt f exce$+ !         
limitation impos$ by section #caja (    
title #ca1 ,unit$ ,/ates ,code4