I 119THCONGRESS 1 STSESSION H. R. 1092 To amend title 31 of the United States Code and the Congressional Budget Act of 1974 to automatically increase the debt limit for the fiscal year of a budget resolution, and for other purposes. IN THE HOUSE OF REPRESENTATIVES FEBRUARY6, 2025 Mr. P ETERS(for himself, Mr. HUIZENGA, Mr. PANETTA, and Mr. NUNNof Iowa) introduced the following bill; which was referred to the Committee on Rules, and in addition to the Committees on Ways and Means, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the juris- diction of the committee concerned A BILL To amend title 31 of the United States Code and the Con- gressional Budget Act of 1974 to automatically increase the debt limit for the fiscal year of a budget resolution, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Responsible Budgeting 4 Act’’. 5 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 2 •HR 1092 IH SEC. 2. PRESIDENTIAL REQUEST TO INCREASE THE DEBT 1 LIMIT. 2 (a) I NGENERAL.—Title 31, United States Code, is 3 amended by striking section 3101A and inserting the fol-4 lowing: 5 ‘‘§ 3101A. Modification of statutory limit on the public 6 debt 7 ‘‘(a) I NGENERAL.—Upon adoption by Congress of 8 a concurrent resolution on the budget under section 301 9 or 304 of the Congressional Budget Act of 1974 (2 U.S.C. 10 632, 634) that satisfies the required ratio, as determined 11 by the Congressional Budget Office, the Clerk of the 12 House of Representatives shall prepare an engrossment of 13 a joint resolution in the form prescribed in subsection (b) 14 increasing the statutory limit on the public debt to the 15 amount of debt subject to limit specified by such concur-16 rent resolution. Upon engrossment of the joint resolution, 17 the vote by which the concurrent resolution on the budget 18 was adopted by the House of Representatives shall also 19 be considered as a vote on passage of the joint resolution 20 in the House of Representatives, and the joint resolution 21 shall be considered as passed by the House of Representa-22 tives and duly certified and examined. The engrossed copy 23 shall be signed by the Clerk of the House of Representa-24 tives and transmitted to the Senate. Upon receipt of the 25 House of Representatives joint resolution in the Senate, 26 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 3 •HR 1092 IH the vote by which the concurrent resolution on the budget 1 was adopted in the Senate shall also be considered as a 2 vote on passage of the joint resolution in the Senate, and 3 the joint resolution shall be considered as passed by the 4 Senate, duly certified and examined, and transmitted to 5 the House of Representatives for enrollment. 6 ‘‘(b) F ORM OFJOINTRESOLUTION.—The form of the 7 joint resolution described in this subsection is a joint reso-8 lution— 9 ‘‘(1) which does not have a preamble; 10 ‘‘(2) the title of which is only as follows: ‘Joint 11 resolution increasing the debt limit, as prepared 12 under section 3101A of title 31, United States Code, 13 on llllll ’ (with the blank containing the 14 date on which the joint resolution is prepared); and 15 ‘‘(3) the matter after the resolving clause which 16 is only as follows: ‘The limitation under section 17 3101(b) of title 31, United States Code, is increased 18 by $lll ’ (with the blank being filled with the 19 increase, expressed as a dollar amount, of the debt 20 subject to limit, as determined under subsection (c)). 21 ‘‘(c) D ETERMINATION.—The dollar amount under 22 subsection (b)(3) shall be equal to the amount necessary 23 to increase the total debt subject to limit on the date of 24 enactment of such joint resolution to the amount that such 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 4 •HR 1092 IH limit is estimated to be on the last day of the budget year 1 covered by the applicable concurrent resolution on the 2 budget. 3 ‘‘(d) R ULE OFCONSTRUCTION.—Nothing in this sec-4 tion shall be construed as limiting or otherwise affecting— 5 ‘‘(1) the power of the House of Representatives 6 or the Senate to consider and pass bills or joint res-7 olutions, without regard to the procedures under 8 subsection (a), that would change the statutory limit 9 on the public debt; or 10 ‘‘(2) the rights of Members, Delegates, the 11 Resident Commissioner, or committees with respect 12 to the introduction, consideration, and reporting of 13 such bills or joint resolutions. 14 ‘‘(e) D EFINITIONS.—In this section and section 15 3101B— 16 ‘‘(1) the term ‘required ratio’ means the ratio 17 that reduces by not less than 5 percentage points 18 the projected ratio under current law of debt held by 19 the public to Gross Domestic Product in the tenth 20 fiscal year after the current fiscal year; and 21 ‘‘(2) the term ‘statutory limit on the public 22 debt’ means the maximum face amount of obliga-23 tions issued under authority of this chapter and obli-24 gations guaranteed as to principal and interest by 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 5 •HR 1092 IH the United States (except such guaranteed obliga-1 tions as may be held by the Secretary of the Treas-2 ury), as determined under section 3101(b) after the 3 application of section 3101(a), that may be out-4 standing at any one time. 5 ‘‘§ 3101B. Presidential modification of the debt ceil-6 ing 7 ‘‘(a) I NGENERAL.— 8 ‘‘(1) W RITTEN NOTIFICATION.—If, for a fiscal 9 year, Congress does not adopt a concurrent resolu-10 tion on the budget that satisfies the required ratio 11 by the covered date, the President may submit a 12 written notification to Congress, including a debt re-13 duction proposal with legislative language that satis-14 fies the required ratio, that the President is increas-15 ing the statutory limit on the public debt subject to 16 limit in section 3101(b) and that further borrowing 17 is required to meet existing commitments. 18 ‘‘(2) E FFECT OF NOTIFICATION.— 19 ‘‘(A) I N GENERAL.—Subject to subpara-20 graph (C), upon the submission of a written no-21 tification by the President under paragraph (1), 22 including a debt reduction proposal comprised 23 of legislative text that the Director of the Office 24 of Management and Budget has determined 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 6 •HR 1092 IH satisfies the required ratio, the statutory limit 1 on the public debt shall be increased by an 2 amount determined under subparagraph (D). 3 ‘‘(B) E FFECTIVE DATE.—Except as pro-4 vided in subparagraph (C), an increase of the 5 statutory limit on the public debt under sub-6 paragraph (A) shall take effect on the date that 7 is 30 calendar days after the date on which the 8 written notification is submitted by the Presi-9 dent under paragraph (1). 10 ‘‘(C) L IMITATION ON AUTHORITY .—The 11 statutory limit on the public debt shall not be 12 increased under this paragraph if, during the 13 30-calendar-day period beginning on the date 14 on which Congress receives a notification under 15 this paragraph, Congress enacts into law a joint 16 resolution of disapproval in accordance with 17 subsection (b). 18 ‘‘(D) D ETERMINATION OF INCREASE .— 19 The increase of the statutory limit on the public 20 debt under subparagraph (A) shall be equal to 21 the amount necessary to increase the total debt 22 subject to limit to the amount that such limit 23 is estimated to be on the last day of the first 24 fiscal year beginning after the covered date. 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 7 •HR 1092 IH The Office of Management and Budget shall 1 determine the amount of such increase using 2 baseline estimates provided by the Congres-3 sional Budget Office. 4 ‘‘(3) C OVERED DATE DEFINED .—For purposes 5 of paragraph (1), the term ‘covered date’ means the 6 earlier of— 7 ‘‘(A) April 15 of the calendar year in 8 which the fiscal year of the applicable concur-9 rent resolution on the budget begins; or 10 ‘‘(B) 60 days before the date on which the 11 statutory limit on the public debt will be 12 reached, as described in the congressional noti-13 fication submitted by the Secretary of the 14 Treasury. 15 ‘‘(b) J OINTRESOLUTION OFDISAPPROVAL.— 16 ‘‘(1) I N GENERAL.—If a joint resolution of dis-17 approval has not been enacted by the end of the 30- 18 calendar-day period beginning on the date on which 19 the presidential notification to which the joint reso-20 lution relates was received by Congress under sub-21 section (a), the statutory limit on public debt shall 22 be increased as specified in the presidential notifica-23 tion. 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00007 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 8 •HR 1092 IH ‘‘(2) CONTENTS OF JOINT RESOLUTION .—For 1 the purpose of this section, the term ‘joint resolu-2 tion’ means only a joint resolution— 3 ‘‘(A) that is introduced between the date 4 the written notification is received and 3 cal-5 endar days after that date (or if the House of 6 Representatives or Senate is not in session, the 7 next calendar date in which it is in session); 8 ‘‘(B) which does not have a preamble; 9 ‘‘(C) the title of which is only as follows: 10 ‘Joint resolution relating to the disapproval of 11 the President’s exercise of authority to increase 12 the debt limit, as submitted under section 13 3101B(a) of title 31, United States Code, on 14 llllll ’ (with the blank containing the 15 date of such submission); and 16 ‘‘(D) the matter after the resolving clause 17 of which is only as follows: ‘That Congress dis-18 approves of the President’s exercise of authority 19 to increase the debt limit, as exercised pursuant 20 to the written notification under section 21 3101B(a) of title 31, United States Code.’. 22 ‘‘(c) E XPEDITEDCONSIDERATION IN THE HOUSE OF 23 R EPRESENTATIVES.— 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00008 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 9 •HR 1092 IH ‘‘(1) RECONVENING.—Upon receipt of a written 1 notification described in subsection (a)(1), the 2 Speaker of the House of Representatives, if the 3 House of Representatives would otherwise be ad-4 journed, shall notify the Members of the House of 5 Representatives that, pursuant to this section, the 6 House of Representatives shall convene not later 7 than the second calendar day after receipt of such 8 written notification. 9 ‘‘(2) R EPORTING AND DISCHARGE .—A joint 10 resolution introduced under paragraph (1) shall be 11 referred to the Committee on Ways and Means of 12 the House of Representatives and such committee 13 shall report the joint resolution to the House of Rep-14 resentatives without amendment not later than 5 15 calendar days after the date on which the joint reso-16 lution is introduced. If the Committee on Ways and 17 Means fails to report the joint resolution within the 18 5-day period, the Committee on Ways and Means 19 shall be discharged from further consideration of the 20 joint resolution and it shall be referred to the appro-21 priate calendar. 22 ‘‘(3) P ROCEEDING TO CONSIDERATION .—Upon 23 report or discharge from the Committee on Ways 24 and Means of the House of Representatives, and not 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00009 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 10 •HR 1092 IH later than 6 days after the date on which the joint 1 resolution is introduced under paragraph (1), it shall 2 be in order to move to proceed to consider the joint 3 resolution in the House of Representatives. All 4 points of order against the motion are waived. Such 5 a motion shall not be in order after the House of 6 Representatives has disposed of a motion to proceed 7 on a joint resolution addressing a particular submis-8 sion. The previous question shall be considered as 9 ordered on the motion to its adoption without inter-10 vening motion. The motion shall not be debatable. A 11 motion to reconsider the vote by which the motion 12 is disposed of shall not be in order. 13 ‘‘(4) C ONSIDERATION.—The joint resolution 14 shall be considered as read. All points of order 15 against the joint resolution and against its consider-16 ation are waived. The previous question shall be con-17 sidered as ordered on the joint resolution to its pas-18 sage without intervening motion except two hours of 19 debate equally divided and controlled by the pro-20 ponent and an opponent. A motion to reconsider the 21 vote on passage of the joint resolution shall not be 22 in order. 23 ‘‘(d) E XPEDITEDPROCEDURE INSENATE.— 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00010 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 11 •HR 1092 IH ‘‘(1) RECONVENING.—Upon receipt of a written 1 notification under subsection (a)(1), if the Senate 2 has adjourned or recessed for more than 2 days, the 3 majority leader of the Senate, after consultation 4 with the minority leader of the Senate, shall notify 5 the Members of the Senate that, pursuant to this 6 section, the Senate shall convene not later than the 7 second calendar day after receipt of such message. 8 ‘‘(2) P LACEMENT ON CALENDAR .—Upon intro-9 duction in the Senate, the joint resolution shall be 10 immediately placed on the calendar. 11 ‘‘(3) F LOOR CONSIDERATION.— 12 ‘‘(A) I N GENERAL.—Notwithstanding Rule 13 XXII of the Standing Rules of the Senate, it is 14 in order at any time during the period begin-15 ning on the day after the date on which Con-16 gress receives a written notification under sub-17 section (a) and ending on the sixth day after 18 the date on which Congress receives a written 19 notification under subsection (a) (even though a 20 previous motion to the same effect has been dis-21 agreed to) to move to proceed to the consider-22 ation of the joint resolution, and all points of 23 order against the joint resolution (and against 24 consideration of the joint resolution) are 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00011 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 12 •HR 1092 IH waived. The motion to proceed is not debatable. 1 The motion is not subject to a motion to post-2 pone. A motion to reconsider the vote by which 3 the motion is agreed to or disagreed to shall not 4 be in order. If a motion to proceed to the con-5 sideration of the resolution is agreed to, the 6 joint resolution shall remain the unfinished 7 business until disposed of. 8 ‘‘(B) C ONSIDERATION.—Consideration of 9 the joint resolution, and on all debatable mo-10 tions and appeals in connection therewith, shall 11 be limited to not more than 10 hours, which 12 shall be divided equally between the majority 13 and minority leaders or their designees. A mo-14 tion further to limit debate is in order and not 15 debatable. An amendment to, or a motion to 16 postpone, or a motion to proceed to the consid-17 eration of other business, or a motion to recom-18 mit the joint resolution is not in order. 19 ‘‘(C) V OTE ON PASSAGE .—If the Senate 20 has voted to proceed to a joint resolution, the 21 vote on passage of the joint resolution shall 22 occur immediately following the conclusion of 23 consideration of the joint resolution, and a sin-24 gle quorum call at the conclusion of the debate 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00012 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 13 •HR 1092 IH if requested in accordance with the rules of the 1 Senate. 2 ‘‘(D) R ULINGS OF THE CHAIR ON PROCE -3 DURE.—Appeals from the decisions of the Chair 4 relating to the application of the rules of the 5 Senate, as the case may be, to the procedure re-6 lating to a joint resolution shall be decided 7 without debate. 8 ‘‘(e) A MENDMENT NOT INORDER.—A joint resolu-9 tion of disapproval considered pursuant to this section 10 shall not be subject to amendment in either the House 11 of Representatives or the Senate. 12 ‘‘(f) C OORDINATION WITHACTION BY OTHER 13 H OUSE.— 14 ‘‘(1) I N GENERAL.—If, before passing the joint 15 resolution, one House receives from the other a joint 16 resolution— 17 ‘‘(A) the joint resolution of the other 18 House shall not be referred to a committee; and 19 ‘‘(B) the procedure in the receiving house 20 shall be the same as if no joint resolution had 21 been received from the other house until the 22 vote on passage, when the joint resolution re-23 ceived from the other house shall supplant the 24 joint resolution of the receiving House. 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00013 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 14 •HR 1092 IH ‘‘(2) TREATMENT OF JOINT RESOLUTION OF 1 OTHER HOUSE.—If the Senate fails to introduce or 2 consider a joint resolution under this section, the 3 joint resolution of the House shall be entitled to ex-4 pedited floor procedures under this section. 5 ‘‘(3) T REATMENT OF COMPANION MEASURES .— 6 If, following passage of the joint resolution in the 7 Senate, the Senate then receives the companion 8 measure from the House of Representatives, the 9 companion measure shall not be debatable. 10 ‘‘(4) C ONSIDERATION AFTER PASSAGE .— 11 ‘‘(A) I N GENERAL.—If Congress passes a 12 joint resolution, the period beginning on the 13 date the President is presented with the joint 14 resolution and ending on the date the President 15 signs, allows to become law without the signa-16 ture of the President, or vetoes and returns the 17 joint resolution (but excluding days when either 18 House is not in session) shall be disregarded in 19 computing the appropriate calendar day period 20 described in subsection (b)(1). 21 ‘‘(B) D EBATE ON VETO MESSAGE .—De-22 bate on a veto message in the Senate under this 23 section shall be 1 hour equally divided between 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00014 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 15 •HR 1092 IH the majority and minority leaders or their des-1 ignees. 2 ‘‘(C) V ETO OVERRIDE.—If, within the 30- 3 calendar-day period described in subsection 4 (b)(1), Congress overrides a veto of a joint reso-5 lution, the limitation in effect under section 6 3101(b) shall not be suspended. 7 ‘‘(g) R ULES OFHOUSE OFREPRESENTATIVES AND 8 S ENATE.—This section and section 3101A are enacted by 9 Congress— 10 ‘‘(1) as an exercise of the rulemaking power of 11 the Senate and House of Representatives, respec-12 tively, and as such it is deemed a part of the rules 13 of each House, respectively, but applicable only with 14 respect to the procedure to be followed in that 15 House in the case of a joint resolution, and it super-16 sedes other rules only to the extent that it is incon-17 sistent with such rules; and 18 ‘‘(2) with full recognition of the constitutional 19 right of either House to change the rules (so far as 20 relating to the procedure of that House) at any time, 21 in the same manner, and to the same extent as in 22 the case of any other rule of that House.’’. 23 (b) C LERICALAMENDMENT.—The table of sections 24 of subchapter I of chapter 31 of title 31, United States 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00015 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 16 •HR 1092 IH Code, is amended by striking the item relating to section 1 3101A and inserting the following: 2 ‘‘3101A. Modification of statutory limit on the public debt. ‘‘3101B. Presidential modification of the debt ceiling.’’. SEC. 3. CONSIDERATION OF THE DEBT REDUCTION PRO- 3 POSAL SUBMITTED BY THE PRESIDENT. 4 (a) I NGENERAL.—Part A of title IV of the Congres-5 sional Budget and Impoundment Control Act of 1974 (2 6 U.S.C. 651 et seq.) is amended by inserting after section 7 406 the following: 8 ‘‘SEC. 407. CONSIDERATION OF THE DEBT REDUCTION PRO-9 POSAL SUBMITTED BY THE PRESIDENT. 10 ‘‘(a) I NGENERAL.—Any debt reduction proposal 11 submitted by the President under section 3101B(a)(2)(A) 12 of title 31, United States Code, is required to satisfy the 13 required ratio as determined by the Office of Management 14 and Budget. 15 ‘‘(b) C ONSIDERATION OF THE PRESIDENT’SPRO-16 POSAL IN THEHOUSE OFREPRESENTATIVES.— 17 ‘‘(1) I NTRODUCTION.—Any debt reduction pro-18 posal submitted by the President under section 19 3101B of title 31, United States Code, shall be in-20 troduced by the majority or minority leader of the 21 House of Representatives or their designees. Upon 22 introduction, the Chair of the Committee on the 23 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00016 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 17 •HR 1092 IH Budget shall within 3 days submit the proposal to 1 the Congressional Budget Office to be scored. 2 ‘‘(2) R EFERRAL.—Any proposal introduced 3 under paragraph (1) shall be referred to the Com-4 mittee on the Budget of the House of Representa-5 tives. 6 ‘‘(3) R EQUESTS BY BUDGET COMMITTEE .—Not 7 later than 3 days after the date on which a proposal 8 is referred under paragraph (2), the Chair of the 9 Committee on the Budget of the House of Rep-10 resentatives shall submit to each appropriate com-11 mittee of the House a debt reduction target and a 12 request that, during the 30-day period beginning on 13 the date on which the request is made, the appro-14 priate committee submit to the Committee on the 15 Budget of the House— 16 ‘‘(A) a general assessment of the proposal 17 introduced under paragraph (1); and 18 ‘‘(B) a legislative proposal within the com-19 mittee’s jurisdiction that results in debt reduc-20 tion meeting or exceeding the target assigned to 21 the committee under this paragraph. 22 ‘‘(4) R EPORTED LEGISLATION BY BUDGET COM -23 MITTEE.— 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00017 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 18 •HR 1092 IH ‘‘(A) IN GENERAL.—The Committee on the 1 Budget of the House of Representatives shall 2 report a bill that meets the required ratio not 3 later than 60 days after the date on which the 4 President submits a debt reduction proposal 5 under this section. 6 ‘‘(B) C ONTENTS OF LEGISLATION .—The 7 bill reported under subparagraph (A) may in-8 clude— 9 ‘‘(i) the debt reduction proposal sub-10 mitted by the President under this section, 11 including any modifications to such pro-12 posal by the Committee on Budget of the 13 House of Representatives that are nec-14 essary to make it achieve the required 15 ratio; and 16 ‘‘(ii) the compilation of proposals sub-17 mitted to the Committee on Budget of the 18 House of Representatives under paragraph 19 (3), including any modifications to such 20 package by such Committee that are nec-21 essary to make it achieve the required 22 ratio. 23 ‘‘(C) CBO SCORE.— 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00018 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 19 •HR 1092 IH ‘‘(i) IN GENERAL.—No bill may be re-1 ported under subparagraph (A) unless the 2 Chair of the Committee on the Budget— 3 ‘‘(I) submits to the Director of 4 the Congressional Budget Office such 5 bill for a cost estimate to be prepared 6 under section 402; and 7 ‘‘(II) receives from the Director a 8 cost estimate described in subclause 9 (I) that includes a statement that 10 such bill meets the required ratio. 11 ‘‘(ii) T IME PERIOD.—The 60-day pe-12 riod described in subparagraph (A) shall 13 not include the period beginning on the 14 date on which the Chair of the Committee 15 on the Budget of the House of Representa-16 tives submits to the Director of the Con-17 gressional Budget Office the bill under 18 clause (i)(I) and ending on the date on 19 which the Chair receives the cost estimate 20 under clause (i)(II). 21 ‘‘(5) D ISCHARGE.— 22 ‘‘(A) I N GENERAL.—If the Committee on 23 the Budget of the House of Representatives 24 fails to report a bill within 60 days after the re-25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00019 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 20 •HR 1092 IH ferral of the proposal submitted under section 1 3101B of title 31, United States Code, and 2 such proposal has been determined by the Di-3 rector to satisfy the required ratio, then the 4 committee shall be discharged from further con-5 sideration of the bill that embodies the debt re-6 duction proposal of the President and it shall 7 be referred to the appropriate calendar. 8 ‘‘(B) C ONSIDERATION.—In the House of 9 Representatives, if the Committee on Rules fails 10 to report a rule within 7 legislative days of the 11 bill being placed on the Calendar for the consid-12 eration of a bill reported by the Committee on 13 the Budget under paragraph (4) or discharged 14 under subparagraph (A) of this paragraph 15 which has been determined by the Director to 16 satisfy the required ratio, then any Member 17 may offer a privilege resolution providing for 18 the consideration of the bill. Such resolution 19 shall provide that upon its adoption it shall be 20 in order to consider in the House of Represent-21 atives the bill. The bill under the procedure set 22 forth in section 408(c) shall be debatable for 23 two hours equally divided and controlled by a 24 proponent and opponent of thereof. The pre-25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00020 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 21 •HR 1092 IH vious question shall be considered as ordered on 1 the bill of final passage without intervening mo-2 tion except 1 motion to recommit. 3 ‘‘(c) C ONSIDERATION OF THE PRESIDENT’SPRO-4 POSAL IN THESENATE.— 5 ‘‘(1) I NTRODUCTION.—Any debt reduction pro-6 posal submitted by the President under section 7 3101B of title 31, United States Code, shall be in-8 troduced by the majority or minority leader of the 9 Senate or their designees. Upon introduction, the 10 Chair of the Committee on the Budget shall within 11 3 days submit the proposal to the Congressional 12 Budget Office to be scored. 13 ‘‘(2) R EFERRAL.—Any proposal introduced 14 under paragraph (1) shall be referred to the Com-15 mittee on the Budget of the Senate. 16 ‘‘(3) R EQUESTS BY BUDGET COMMITTEE .— 17 ‘‘(A) A PPROPRIATE COMMITTEES .—Not 18 later than 3 days after the date on which a pro-19 posal is referred under paragraph (2), the Chair 20 of the Committee on the Budget of the Senate 21 shall submit to each appropriate committee of 22 the Senate a debt reduction target and a re-23 quest that, during the 30-day period beginning 24 on the date on which the request is made, the 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00021 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 22 •HR 1092 IH appropriate committee submit to the Committee 1 on the Budget of the Senate— 2 ‘‘(i) a general assessment of the pro-3 posal introduced under paragraph (1); and 4 ‘‘(ii) a legislative proposal within the 5 committee’s jurisdiction that results in 6 debt reduction meeting or exceeding the 7 target assigned to the committee under 8 this subparagraph. 9 ‘‘(B) O THER PROPOSALS.—Any Member of 10 the Senate may introduce a bill that meets the 11 required ratio, as determined by the Congres-12 sional Budget Office, which shall be referred to 13 the Committee on the Budget of the Senate if 14 the proposal is sponsored by not less than one- 15 fifth of the Members, duly chosen and sworn, 16 including— 17 ‘‘(i) not fewer than 10 Members who 18 are members of or caucus with the mem-19 bers of the political party of the majority 20 leader of the Senate; and 21 ‘‘(ii) not fewer than 10 Members who 22 are members of or caucus with any other 23 political party that is not the political 24 party of the majority leader of the Senate. 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00022 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 23 •HR 1092 IH ‘‘(4) REPORTED LEGISLATION BY BUDGET COM -1 MITTEE.— 2 ‘‘(A) I N GENERAL.—The Committee on the 3 Budget of the Senate shall report at least one 4 bill that meets the required ratio not later than 5 60 days after the date on which the President 6 submits a debt reduction proposal under this 7 section. 8 ‘‘(B) C ONTENTS OF LEGISLATION .—A bill 9 reported under subparagraph (A) may in-10 clude— 11 ‘‘(i) the debt reduction proposal sub-12 mitted by the President under this sub-13 section, including any modifications to 14 such proposal by the Committee on Budget 15 of the Senate that are necessary to make 16 it achieve the required ratio; 17 ‘‘(ii) the compilation of proposals sub-18 mitted to the Committee on Budget of the 19 Senate under subparagraph (3)(A), includ-20 ing any modifications to such package by 21 the Committee on Budget of the Senate 22 that are necessary to make it achieve the 23 required ratio; or 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00023 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 24 •HR 1092 IH ‘‘(iii) any proposal submitted to the 1 Committee on Budget of the Senate under 2 subparagraph (3)(B). 3 ‘‘(C) CBO SCORE.— 4 ‘‘(i) I N GENERAL.—No bill may be re-5 ported under subparagraph (A) unless the 6 Chair of the Committee on the Budget— 7 ‘‘(I) submits to the Director of 8 the Congressional Budget Office such 9 bill for a cost estimate to be prepared 10 under section 402; and 11 ‘‘(II) receives from the Director a 12 cost estimate described in subclause 13 (I) that includes a statement that 14 such bill meets the required ratio. 15 ‘‘(ii) T IME PERIOD.—The 60-day pe-16 riod described in subparagraph (A) shall 17 not include the period beginning on the 18 date on which the Chair of the Committee 19 on the Budget of the Senate submits to the 20 Director of the Congressional Budget Of-21 fice the bill under clause (i)(I) and ending 22 on the date on which the Chair receives the 23 cost estimate under clause (i)(II). 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00024 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 25 •HR 1092 IH ‘‘(5) DISCHARGE.—If the Committee on the 1 Budget of the Senate has not reported a bill under 2 paragraph (4) before the end of the 60-day period 3 described in that paragraph, the Committee on the 4 Budget of the Senate shall be automatically dis-5 charged from further consideration of— 6 ‘‘(A) the proposal introduced under para-7 graph (1), which shall be placed on the appro-8 priate calendar; and 9 ‘‘(B) any proposal submitted under para-10 graph (3)(B), which shall be placed on the ap-11 propriate calendar. 12 ‘‘(d) D EFINITION.—In this section and section 408, 13 the term ‘required ratio’ means the ratio that reduces by 14 not less than 5 percentage points the projected ratio under 15 current law of debt held by the public to Gross Domestic 16 Product in the tenth fiscal year after the current fiscal 17 year. 18 ‘‘SEC. 408. CONSIDERATION IN THE HOUSE OF REPRESENT-19 ATIVES OF ALTERNATIVE DEBT REDUCTION 20 PROPOSALS. 21 ‘‘(a) I NTRODUCTION.—In the House of Representa-22 tives, any bill that satisfies the required ratio as deter-23 mined by the Congressional Budget Office and does not 24 contain any matter that is unrelated to debt reduction may 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00025 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 26 •HR 1092 IH be introduced by the majority leader, the minority leader, 1 or by any other Member (if that Member’s proposed bill 2 is cosponsored by at least 145 other Members or by at 3 least 20 Members of the majority party and 20 Members 4 of the minority party). 5 ‘‘(b) R EFERRAL TO COMMITTEE ON RULES.—Any 6 bill introduced under subsection (a) shall be referred to 7 the Committee on Rules. Each such bill shall be scored 8 by the Director of the Congressional Budget Office to de-9 termine if such bill satisfies the required ratio. If such bill 10 achieves the required ratio, it shall be reported without 11 amendment to the House for its consideration within 30 12 calendar days of the date of introduction of the bill. 13 ‘‘(c) Q UEEN-OF-THE-HILLRULE FORCONSIDER-14 ATION.—In the House of Representatives, any bill de-15 scribed in section 407 and any bill reported under sub-16 section (b) shall be considered in the House of Representa-17 tives pursuant to a special order of business if the text 18 of the bill provides that the text of all such bills reported 19 under subsection (b) may be offered as amendments in 20 the nature of a substitute and if more than one such 21 amendment is adopted then the one receiving the greater 22 number of affirmative recorded votes shall be considered 23 as finally adopted. 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00026 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 27 •HR 1092 IH ‘‘SEC. 409. CONSIDERATION ON THE FLOOR OF THE SEN-1 ATE. 2 ‘‘(a) I NGENERAL.—Notwithstanding Rule XXII of 3 the Standing Rules of the Senate, it is in order, not later 4 than 5 days of session after the date on which a bill meet-5 ing the requirements of section 407(c)(4) is reported from 6 the Committee on the Budget of the Senate or the date 7 on which any proposal is placed on the calendar after dis-8 charge under section 407(c)(5), as applicable, for the ma-9 jority leader of the Senate or a Member of the Senate des-10 ignated by the majority leader of the Senate to move to 11 proceed to the consideration of the bill. It shall also be 12 in order, notwithstanding Rule XXII of the Standing 13 Rules of the Senate, for any Member of the Senate to 14 move to proceed to the consideration of the bill at any 15 time after the conclusion of such 5-day period. A motion 16 to proceed is in order even though a previous motion to 17 the same effect has been disagreed to. All points of order 18 against the motion to proceed to the bill are waived. The 19 motion is not subject to a motion to postpone. A motion 20 to reconsider the vote by which the motion is agreed to 21 or disagreed to shall not be in order. Consideration of the 22 motion to proceed shall be limited to not more than 10 23 hours equally divided between the majority leader and the 24 minority leader or their designees. A motion to proceed 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00027 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 28 •HR 1092 IH shall require an affirmative vote of three-fifths of Senators 1 duly chosen and sworn. 2 ‘‘(b) E XTRANEOUSPROVISIONS.— 3 ‘‘(1) I N GENERAL.—When the Senate is consid-4 ering a bill under subsection (a), upon a point of 5 order being made by any Senator against a extra-6 neous material contained in the joint resolution, and 7 the point of order is sustained by the Chair, the pro-8 vision that contains the extraneous material shall be 9 stricken from the joint resolution. 10 ‘‘(2) E XTRANEOUS MATERIAL DEFINED .—In 11 this subsection, the term ‘extraneous material’ 12 means— 13 ‘‘(A) a provision that does not produce a 14 change in outlays or revenue, including changes 15 in outlays and revenues brought about by 16 changes in the terms and conditions under 17 which outlays are made or revenues are re-18 quired to be collected (but a provision in which 19 outlay decreases or revenue increases exactly 20 offset outlay increases or revenue decreases 21 shall not be considered extraneous by virtue of 22 this subparagraph); or 23 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00028 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 29 •HR 1092 IH ‘‘(B) a provision producing changes in out-1 lays or revenues which are merely incidental to 2 the non-budgetary components of the provision. 3 ‘‘(3) F ORM OF THE POINT OF ORDER .—A point 4 of order under paragraph (1) may be raised by a 5 Senator as provided in section 313(e) of the Con-6 gressional Budget Act of 1974 (2 U.S.C. 644(e)). 7 ‘‘SEC. 410. CONSIDERATION BY OTHER HOUSE. 8 ‘‘If a House of Congress receives a bill passed by the 9 other House under section 408 or 409 and has not yet 10 passed a bill under section 408 or 409, the following pro-11 cedures for consideration shall apply: 12 ‘‘(1) E XPEDITED CONSIDERATION IN THE 13 HOUSE OF REPRESENTATIVES .— 14 ‘‘(A) P ROCEEDING TO CONSIDERATION .— 15 ‘‘(i) I N GENERAL.—It shall be in 16 order, not later than 30 days after the 17 date on which the House of Representa-18 tives receives a bill passed by the Senate 19 under section 409, to move to proceed to 20 consider the bill in the House of Rep-21 resentatives. 22 ‘‘(ii) P ROCEDURE.—For a motion to 23 proceed to consider a bill under this sub-24 paragraph— 25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00029 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 30 •HR 1092 IH ‘‘(I) all points of order against 1 the motion are waived; 2 ‘‘(II) such a motion shall not be 3 in order after the House of Represent-4 atives has disposed of a motion to 5 proceed on the bill; 6 ‘‘(III) the previous question shall 7 be considered as ordered on the mo-8 tion to its adoption without inter-9 vening motion; 10 ‘‘(IV) the motion shall not be de-11 batable; and 12 ‘‘(V) a motion to reconsider the 13 vote by which the motion is disposed 14 of shall not be in order. 15 ‘‘(B) C ONSIDERATION.—If the House of 16 Representatives proceeds to consideration of a 17 bill under this paragraph— 18 ‘‘(i) the bill shall be considered as 19 read; 20 ‘‘(ii) all points of order against the 21 bill and against its consideration are 22 waived; 23 ‘‘(iii) the previous question shall be 24 considered as ordered on the bill to its pas-25 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00030 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 31 •HR 1092 IH sage without intervening motion except 1 three hours of debate equally divided and 2 controlled by the proponent and an oppo-3 nent; 4 ‘‘(iv) an amendment to the bill shall 5 not be in order; and 6 ‘‘(v) a motion to reconsider the vote 7 on passage of the bill shall not be in order. 8 ‘‘(2) E XPEDITED CONSIDERATION IN THE SEN -9 ATE.— 10 ‘‘(A) P ROCEEDING TO CONSIDERATION .— 11 ‘‘(i) I N GENERAL.—Notwithstanding 12 rule XXII of the Standing Rules of the 13 Senate, it is in order, not later than 30 14 days after the date on which the Senate re-15 ceives a bill passed under section 408 by 16 the House of Representatives, to move to 17 proceed to consider the bill in the Senate. 18 ‘‘(ii) P ROCEDURE.—For a motion to 19 proceed to the consideration of a bill under 20 this paragraph— 21 ‘‘(I) all points of order against 22 the motion are waived; 23 ‘‘(II) the motion is not debatable; 24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00031 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 32 •HR 1092 IH ‘‘(III) the motion is not subject 1 to a motion to postpone; 2 ‘‘(IV) a motion to reconsider the 3 vote by which the motion is agreed to 4 or disagreed to shall not be in order; 5 and 6 ‘‘(V) if the motion is agreed to, 7 the bill shall remain the unfinished 8 business until disposed of. 9 ‘‘(B) F LOOR CONSIDERATION GEN -10 ERALLY.—If the Senate proceeds to consider-11 ation of a bill under this paragraph— 12 ‘‘(i) all points of order against the bill 13 (and against consideration of the bill) are 14 waived; 15 ‘‘(ii) consideration of the bill, and all 16 debatable motions and appeals in connec-17 tion therewith, shall be limited to not more 18 than 20 hours, which shall be divided 19 equally between the majority and minority 20 leaders or their designees; 21 ‘‘(iii) a motion further to limit debate 22 is in order and not debatable; 23 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00032 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 33 •HR 1092 IH ‘‘(iv) an amendment to, a motion to 1 postpone, or a motion to recommit the bill 2 is not in order; and 3 ‘‘(v) a motion to proceed to the con-4 sideration of other business is not in order. 5 ‘‘(C) V OTE ON PASSAGE .—The vote on 6 passage of a bill under this paragraph shall 7 occur immediately following the conclusion of 8 the consideration of the bill, and a single 9 quorum call at the conclusion of the debate if 10 requested in accordance with the rules of the 11 Senate, and shall require an affirmative vote of 12 three-fifths of the Members of the Senate duly 13 chosen and sworn. 14 ‘‘(3) C ONFERENCES.—If the Senate and the 15 House of Representatives have both passed the bill 16 in different forms, then a conference committee on 17 the bill shall be considered as ordered and the 18 Speaker of the House of Representatives and the 19 majority leader of the Senate shall immediately ap-20 point Managers to such conference committee to re-21 solve any disagreement between the Houses.’’. 22 (b) C LERICALAMENDMENT.—The table of contents 23 in section 1(b) of the Congressional Budget and Impound-24 VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00033 Fmt 6652 Sfmt 6201 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS 34 •HR 1092 IH ment Control Act of 1974 is amended by inserting after 1 the item relating to section 406 the following: 2 ‘‘Sec. 407. Consideration of the debt reduction proposal submitted by the Presi- dent. ‘‘Sec. 408. Consideration in the House of Representatives of alternative debt re- duction proposals. ‘‘Sec. 409. Consideration on the floor of the Senate. ‘‘Sec. 410. Consideration by other house.’’. Æ VerDate Sep 11 2014 20:15 Mar 05, 2025 Jkt 059200 PO 00000 Frm 00034 Fmt 6652 Sfmt 6301 E:\BILLS\H1092.IH H1092 ssavage on LAPJG3WLY3PROD with BILLS