Congressional Budget Reform Act

Education, and Related Agencies, the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies, and the Legislative Branch bills as reported by the applicable subcommittees under subsection (a). ``(2) Format.--Each consolidated general appropriations bill under paragraph (1) shall be divided into three divisions, with each division consisting of the text of each applicable general appropriation bill. ``(3) Consideration.--A consolidated appropriations bill under paragraph (1) may be considered in the same manner as the Committee considers any other measure within its jurisdiction, and the Committee may consider and adopt such amendments as the Committee considers appropriate. ``(c) Reporting.--Upon concluding its markup of a consolidated general appropriations bill under subsection (c), the Committee on Appropriations shall report the consolidated general appropriations bill to the House of Representatives. Nothing in this section shall be construed to limit the form and manner in which a general appropriation bill may be considered in the House.''. (b) Clerical Amendment.--The table of contents in section 1(b) of such Act is amended by inserting after the item relating to section 315 the following: ``316. Consolidated consideration of general appropriation bills.''. SEC. 102. SPENDING REDUCTION ACCOUNTS IN APPROPRIATION BILLS. (a) In General.--A general appropriation bill may not be considered in the Committee of the Whole House on the State of the Union unless it includes a spending reduction account as the last section of the bill. An order to report a general appropriation bill to the House shall constitute authority for the chair of the Committee on Appropriations to add such a section to the bill or modify the figure contained therein. (b) Amendments to Spending Reduction Accounts.-- (1) In general.--During the reading of a general appropriation bill for amendment in the Committee of the Whole House on the State of the Union, it shall be in order to consider en bloc amendments proposing only to transfer appropriations from an object or objects in the bill to a spending reduction account. When considered en bloc under this paragraph, such amendments may amend portions of the bill not yet read for amendment (following disposition of any points of order against such portions) and are not subject to a demand for division of the question in the House or in the Committee of the Whole. (2) Point of order.--Except as provided in paragraph (1), it shall not be in order to consider an amendment to a spending reduction account in the House or in the Committee of the Whole House on the State of the Union. (c) Adjustments.--The chair of the Committee on the Budget of the House of Representatives shall make appropriate budgetary adjustments of new budget authority and the outlays flowing therefrom by the amount reflected in a spending reduction account, including adjustments to the allocations and suballocations under section 302(a) and 302(b), respectively, of the Congressional Budget and Impoundment Control Act of 1974. (d) Spending Reduction Account Defined.--For purposes of this subsection, the term ``spending reduction account'' means an account in a general appropriation bill that bears that caption and contains only-- (1) a recitation of the amount by which an applicable allocation of new budget authority under section 302(b) of the Congressional Budget Act of 1974 exceeds the amount of new budget authority proposed by the bill; or (2) if no such allocation is in effect, ``$0''. SEC. 103. EXERCISE OF RULEMAKING POWERS. The provisions of this title are enacted by the Congress-- (1) as an exercise of the rulemaking power of the House of Representatives and as such they shall be considered as part of the rules of the House and such rules shall supersede other rules only to the extent that they are inconsistent therewith; and (2) with full recognition of the constitutional right of the House to change such rules at any time, in the same manner, and to the same extent as in the case of any other rule of the House. TITLE II--EXECUTIVE SPENDING AND IMPOUNDMENT REFORMS SEC. 201. EXECUTIVE SPENDING AND IMPOUNDMENT REFORMS. (a) In General.--In fiscal year fiscal year 2027 and each fiscal year thereafter, the following shall apply: (1) Subsection (d) of section 1017 of the Congressional Budget and Impoundment Control Act of 1974 shall have no force or effect. (2) With respect to budget authority proposed to be rescinded or that is set to be reserved or proposed to be deferred in a special message transmitted under section 1012 or 1013 of the Congressional Budget and Impoundment Control Act of 1974, such budget authority-- (A) shall be made available for obligation in sufficient time to be prudently obligated as required under section 1012(b) or 1013 of such Act; and (B) may not be deferred or otherwise withheld from obligation during the 90-day period before the expiration of the period of availability of such budget authority, including, if applicable, the 90-day period before the expiration of an initial period of availability for which such budget authority was provided. (3) With respect to an apportionment of an appropriation made pursuant to section 1513(b) of title 31, United States Code, an appropriation (as that term is defined in section 1511 of title 31, United States Code) shall be apportioned-- (A) to make available all amounts for obligation in sufficient time to be prudently obligated; and (B) to make available all amounts for immediate obligation, without precondition (including by footnote), not later than 90 days before the expiration of the period of availability of such appropriation, and thereafter continuously available for immediate obligation during such 90-day period. (b) Budget Authority Defined.--As used in this section, the term ``budget authority'' includes budget authority made available by this or any other Act, by prior or subsequent appropriations Acts, or by any law other than an appropriations Act. TITLE III--FISCAL TARGETS AND BUDGET ENFORCEMENT REFORMS SEC. 301. AUTOMATIC CONTINUING APPROPRIATIONS. (a) In General.--Subchapter I of chapter 13 of title 31, United States Code, is amended by adding at the end the following: ``Sec. 1311. Automatic continuing appropriations ``(a) For purposes of this section-- ``(1) the term `lapse in appropriations' means a time period during which-- ``(A) the applicable full-year appropriation Act for a program, project, or activity has not been enacted for the current fiscal year; ``(B) the program, project, or activity was provided funding in the preceding applicable appropriation Act; and ``(C) no continuing appropriation Act is in effect for such program, project, or activity; and ``(2) the term `preceding applicable appropriation Act' means-- ``(A) the most recent continuing appropriation Act enacted; or ``(B) if no continuing appropriation Act has been enacted for the current fiscal year, the most recent applicable full-year appropriation Act (including a full-year continuing appropriation Act) enacted for the immediately preceding fiscal year (excluding any supplemental appropriation Act). ``(b)(1) On and after the first day of each fiscal year, if a lapse in appropriations occurs with respect to a program, project, or activity, there are appropriated such sums as may be necessary, at the rate for operations as provided in the preceding applicable appropriation Acts, under the authorities and conditions provided in such Acts, for continuing programs, projects, or activities (including the costs of direct loans and loan guarantees) that were conducted under such Acts and for which appropriations, funds, or other authorities were made available in such Acts. ``(2)(A) Appropriations and funds made available and authority granted under paragraph (1) shall be available for a period of 14 calendar days. ``(B) If, at the end of the first 14 calendar-day period during which appropriations and funds are made available and authority is granted under paragraph (1), and the end of every 14 calendar-day period thereafter, a lapse in appropriations with respect to a program, project, or activity continues, the appropriations and funds made available and authority granted under paragraph (1) with respect to the program, project, or activity shall be extended for an additional 14 calendar-day period. ``(3) For entitlements and other mandatory payments whose budget authority was provided for in preceding applicable appropriation Acts or under this section, and for activities under the Food and Nutrition Act of 2008, appropriations and funds made available for a fiscal year under paragraph (1) shall be at the rate necessary to maintain program levels under current law, and under the authority and conditions provided in the preceding applicable appropriation Act. ``(c) Appropriations and funds made available, and authority granted, for any fiscal year pursuant to this section for a program, project, or activity shall be available, in accordance with subsection (b), for the period-- ``(1) beginning on the first day of any lapse in appropriations during such fiscal year; and ``(2) ending on the date of enactment of an appropriation Act for such fiscal year with respect to the account for such program, project, or activity (whether or not such Act provides appropriations for such program, project, or activity) or a continuing appropriation Act providing funding for the program, project, or activity, as applicable. ``(d) Expenditures made for a program, project, or activity for any fiscal year pursuant to this section shall be charged to the applicable appropriation, fund, or authorization whenever an appropriation Act for such fiscal year with respect to the account for a program, project, or activity or a law making continuing appropriations until the end of such fiscal year for such program, project, or activity is enacted. ``(e) Appropriations and funds made available by, or authority granted pursuant to, this section may be used without regard to the time limitations for submission and approval of apportionments set forth in section 1513 of this title, but nothing in this section shall be construed to waive any other provision of law governing the apportionment of funds. ``(f) Notwithstanding any other provision of this section, except for subsection (c), for those programs that would otherwise have high initial rates of operation or complete distribution of appropriations at the beginning of the applicable fiscal year because of distributions of funding to States, foreign countries, grantees, or others, such high initial rates of operation or complete distribution shall not be made, and no grants shall be awarded for such programs funded by this section that would impinge on final funding prerogatives. ``(g) This section shall be implemented so that only the most limited funding action of that permitted shall be taken in order to provide for continuation of programs, projects, and activities. ``(h) This section shall not apply to a program, project, or activity for any period during a fiscal year, if any other provision of law (other than an authorization of appropriations or an appropriation Act for a prior fiscal year making carryover funds available)-- ``(1) makes an appropriation, makes funds available, or grants authority for such program, project, or activity to continue for such period; or ``(2) specifically provides that no appropriation shall be made, no funds shall be made available, or no authority shall be granted for such program, project, or activity to continue for such period.''. (b) Clerical Amendment.--The table of sections for chapter 13 of title 31, United States Code, is amended by inserting after the item relating to section 1310 the following: ``1311. Automatic continuing appropriations.''. SEC. 302. REPORT ON FISCAL TARGETS. Section 202 of the Congressional Budget Act of 1974 (2 U.S.C. 602) is amended by adding at the end the following: ``(h) Report on Debt and Deficit Target.-- ``(1) In general.--Not later than February 15 of each year, the Director shall make publicly available a report estimating whether the target for the ratio of the debt held by the public to the gross domestic product of the United States or the ratio of the deficit to the gross domestic product of the United States by the end of the last fiscal year covered by the most recently agreed to concurrent resolution on the budget will be achieved. ``(2) Discretionary appropriations.--In producing each estimate described in paragraph (1), the Director shall assume discretionary appropriations are made available in the amounts specified under the most recently agreed to concurrent resolution on the budget. ``(3) Deficit reduction.--For each report made available under paragraph (1), the Director-- ``(A) shall include an estimate of the level of deficit reduction required to achieve the target for either such ratio by the end of the last fiscal year covered by the most recently agreed to concurrent resolution on the budget; and ``(B) in estimating the level of deficit reduction required, shall account for interest effects by reducing the target by the percentage equal to percent of deficit reduction stemming from interest changes assumed in the most recently agreed to concurrent resolution on the budget.''. SEC. 303. CONTENT OF CONCURRENT RESOLUTION ON THE BUDGET. Section 301(a) of the Congressional Budget Act of 1974 (2 U.S.C. 632(a)), is amended-- (1) in paragraph (6), by striking ``and'' at the end; (2) in paragraph (7), by striking ``years.'' and inserting ``years;''; and (3) by inserting before the matter following paragraph (7) the following: ``(8) specify the amount of the gross domestic product of the United States assumed for purposes of each fiscal year covered by the concurrent resolution; ``(9) specify a target for the ratio of-- ``(A) the debt held by the public to the gross domestic product of the United States (rounded to the nearest one-tenth of 1 percent) for each fiscal year covered by the concurrent resolution; or ``(B) the deficit to the gross domestic product of the United States (rounded to the nearest one-tenth of 1 percent) for each such fiscal year; ``(10) the ratio of the public debt to the estimated gross domestic product; and ``(11) the ratio of the surplus or deficit to the estimated gross domestic product.''. SEC. 304. SPECIAL RECONCILIATION INSTRUCTIONS. (a) In General.--Title III of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 631 et seq.), as amended by section 101(a) of this Act, is further amended by adding at the end the following: ``special reconciliation instructions ``Sec. 317. (a) In General.--If the Director of the Congressional Budget Office submits a report under section 202(h) indicating that the fiscal targets of the United States by the end of the last fiscal year covered by the most recently agreed to concurrent resolution on the budget will not be achieved, not later than April 15 of the first fiscal year covered by such resolution, the Committee on the Budget of the Senate shall report to the Senate a simple resolution-- ``(1) specifying a total level of deficit reduction to be achieved and the period during which such reduction is to be achieved; and ``(2) containing directives to 1 or more committees of the Senate specifying the total amount by which new budget authority or new entitlement authority contained in laws within the jurisdiction of each such committee is to be changed or revenues are to be changed to achieve the total level of deficit reduction. ``(b) Consideration of Special Reconciliation Resolution.-- ``(1) Placement on calendar.--A resolution reported under subsection (a) by the Committee on the Budget of the Senate shall be placed immediately on the calendar. ``(2) Motion to proceed.-- ``(A) In general.--In the Senate, notwithstanding any rule or precedent of the Senate, including rule XXII of the Standing Rules of the Senate, it is in order (even though a previous motion to the same effect has been disagreed to) to move to proceed to the consideration of a resolution reported under subsection (a) and all points of order against the resolution (and against consideration of the resolution) are waived. The motion is not subject to amendment, or to a motion to postpone, or to a motion to proceed to the consideration of other business. A motion to reconsider the vote by which the motion is agreed to or disagreed to shall not be in order. If a motion to proceed to the consideration of a resolution reported under subsection (a) is agreed to, the resolution shall remain the unfinished business of the Senate until disposed of. ``(B) Resolution from the committee on the budget.--It shall not be in order to move to proceed to the consideration of a resolution containing the matter described in paragraphs (1) and (2) of subsection (a) that was not reported by the Committee on the Budget of the Senate. ``(3) Consideration.-- ``(A) In general.--In the Senate, consideration of a resolution reported under subsection (a), and on all amendments, debatable motions, and appeals in connection therewith, shall be limited to not more than 10 hours. ``(B) General debate.--After the Senate proceeds to a resolution reported under subsection (a), there shall be period of not more than 2 hours for general debate on the resolution, which shall be divided equally between those favoring and those opposing the resolution. ``(C) Amendments.-- ``(i) Period.--In the Senate, consideration of any amendment to a resolution reported under subsection (a) shall be limited to 1 hour, which shall be divided equally between those favoring and those opposing the amendment. ``(ii) Alternating opportunity to offer.-- ``(I) In general.--The opportunity to offer and have immediately considered an amendment to a resolution reported under subsection (a) shall alternate between the members of the majority and the members of the minority. ``(II) Elect not to offer.--If the members of the majority or the members of the minority elect not to offer an amendment when presented an opportunity under this clause (including under subclause (III) of this clause), the members of the minority or the members of the majority, respectively, shall have the opportunity to offer and have immediately considered an amendment to the resolution reported under subsection (a). ``(III) Return to alternating opportunity.--After an amendment offered under subclause (II) by the members of the majority or the members of the minority is disposed of, the members of the minority or the members of the majority, respectively, shall have the opportunity to offer and have immediately considered an amendment to the resolution reported under subsection (a). ``(iii) Requirements for amendments.--The only amendments in order to a resolution reported under subsection (a) shall be-- ``(I) an amendment proposing to change an amount specified in the resolution; ``(II) an amendment proposing to add directives described in subsection (a)(2) for 1 or more committees; and ``(III) an amendment proposing to strike directives described in subsection (a)(2) for 1 or more committees. ``(D) Further limit on consideration.--A motion further to limit consideration is in order and not debatable. A motion to postpone, a motion to proceed to the consideration of other business, or a motion to recommit the resolution is not in order. ``(E) Time during votes not counted.--For purposes of determining the end of the period of consideration of a resolution reported under subsection (a), or an amendment thereto, any time during a vote of the Senate shall not be counted. ``(4) Vote on passage.--After the conclusion of the period for consideration of a resolution reported under subsection (a), the Senate shall proceed, without any further debate on any question, to vote on the final disposition thereof to the exclusion of all amendments not then actually pending before the Senate at that time and to the exclusion of all motions, except a motion to table or to reconsider and 1 quorum call on demand to establish the presence of a quorum (and motions required to establish a quorum) immediately before the vote on adoption of the resolution begins. ``(5) Rulings of the chair on procedure.--Appeals from the decisions of the Chair relating to the application of this subsection or the rules of the Senate, as the case may be, to the procedure relating to a resolution reported under subsection (a) shall be decided without debate. ``(c) Recommendations of Committees.--If a resolution is reported under subsection (a), not later than May 15 of the year in which the resolution is reported, each committee for which the resolution contains directives shall submit to the Committee on the Budget of the Senate recommended changes in laws within the jurisdiction of the committee that comply with subsection (a)(2). ``(d) Special Reconciliation Procedure.-- ``(1) In general.--Subject to paragraph (2), after each committee for which a resolution reported under subsection (a) contained directives has reported recommended changes to the Committee on the Budget of the Senate, the Committee shall report to the Senate special reconciliation legislation carrying out all such recommendations without any substantive revision. ``(2) Failure to report compliant recommendations.--If 1 or more committees do not report recommendations that comply with subsections (a)(2) and (c), the Committee on the Budget of the Senate-- ``(A) shall report to the Senate special reconciliation legislation carrying out all reported recommendations that comply with subsections (a)(2) and (c), without any substantive revision; and ``(B) may include in the legislation reported under subparagraph (A) changes in laws within the jurisdiction of each noncompliant committee, if the changes in law comply with subsection (a)(2). ``(e) Limits on Special Reconciliation Bills.-- ``(1) Extraneous material.-- ``(A) In general.--It shall not be in order to consider any provision in legislation reported under subsection (d) that contains material extraneous (within the meaning given that term under section 313) to the directives to the applicable committee. ``(B) Point of order sustained.--If a point of order is made by a Senator against a provision described in subparagraph (A), and the point of order is sustained by the Chair, that provision shall be stricken from the measure and may not be offered as an amendment from the floor. ``(C) Form of the point of order.--A point of order under subparagraph (A) may be raised by a Senator as provided in section 313(e). ``(D) Conference reports.--When the Senate is considering a conference report on, or an amendment between the Houses in relation to, legislation reported under subsection (d), upon a point of order being made by any Senator pursuant to subparagraph (A), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this subparagraph), no further amendment shall be in order. ``(E) Supermajority waiver and appeal.--In the Senate, this paragraph may be waived or suspended only by an affirmative vote of three-fifths of the Members, duly chosen and sworn. An affirmative vote of three- fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this paragraph. ``(2) Deficit reduction required.-- ``(A) Each title reduces the deficit.-- ``(i) In general.--It shall not be in order to consider any title in legislation reported under subsection (d) that would increase the deficit over-- ``(I) the period during which the level of deficit reduction specified in subsection (a)(1) is to be achieved; or ``(II) the period covered by the most recently agreed to concurrent resolution on the budget. ``(ii) Point of order sustained.--If a point of order is made by a Senator against a title described in clause (i), and the point of order is sustained by the Chair, that title shall be stricken from the measure and may not be offered as an amendment from the floor. ``(iii) Form of the point of order.--A point of order under clause (i) may be raised by a Senator as provided in section 313(e). ``(iv) Conference reports.--When the Senate is considering a conference report on, or an amendment between the Houses in relation to, a bill or joint resolution, upon a point of order being made by any Senator pursuant to clause (i), and such point of order being sustained, such material contained in such conference report or House amendment shall be stricken, and the Senate shall proceed to consider the question of whether the Senate shall recede from its amendment and concur with a further amendment, or concur in the House amendment with a further amendment, as the case may be, which further amendment shall consist of only that portion of the conference report or House amendment, as the case may be, not so stricken. Any such motion in the Senate shall be debatable. In any case in which such point of order is sustained against a conference report (or Senate amendment derived from such conference report by operation of this clause), no further amendment shall be in order. ``(v) Supermajority waiver and appeal.--In the Senate, this subparagraph may be waived or suspended only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subparagraph. ``(B) No amendments reducing the amount of deficit reduction.-- ``(i) In general.--It shall not be in order to consider an amendment to legislation reported under subsection (d) that would reduce the amount of the decrease in the deficit, as compared to the legislation as reported by the Committee on the Budget of the Senate, over-- ``(I) the period during which the level of deficit reduction specified in subsection (a)(1) is to be achieved; or ``(II) the period covered by the most recently agreed to concurrent resolution on the budget. ``(ii) Supermajority waiver and appeal.--In the Senate, this subparagraph may be waived or suspended only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of Members of the Senate, duly chosen and sworn shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subparagraph. ``(f) Consideration of Special Reconciliation Bills.-- ``(1) Deadline.--Not later than July 30 of the first fiscal year to which the applicable concurrent resolution applies, the Senate shall proceed to consideration of legislation reported under subsection (d). ``(2) Procedures.-- ``(A) In general.--Except as provided in subparagraph (B), and subject to subsection (e), if the Committee on the Budget of the Senate reports legislation under subsection (d), the provisions of section 305 for the consideration in the Senate of concurrent resolutions on the budget and conference reports thereon shall also apply to the consideration in the Senate of such legislation and conference reports thereon. ``(B) Exceptions.-- ``(i) Debate.--Debate in the Senate on any legislation reported under subsection (d), and all amendments thereto and debatable motions and appeals in connection therewith, shall be limited to not more than 20 hours. ``(ii) Amendments.--Paragraph (6) of section 305(b) shall not apply to legislation reported under subsection (d). ``(C) Vetoes.--If the President vetoes legislation reported under subsection (d), in the Senate there shall be not more than 1 hour of debate on the veto message, equally divided between the majority and minority leaders or their designees. ``(3) Special rules for revenue measures.-- ``(A) In general.--If the legislation reported under subsection (d) is a revenue measure, the majority leader shall submit for publication in the Congressional Record a written statement identifying a bill of the House of Representatives that is a revenue measure and that shall be used as the vehicle for consideration of the legislation reported under subsection (d). ``(B) Motion to proceed.--A motion to proceed to the consideration of a bill of the House of Representatives identified in a written statement under subparagraph (A) shall not be debatable. ``(C) Substitute amendment.-- ``(i) In general.--If a motion to proceed to a bill of the House of Representatives identified in a written statement under subparagraph (A) is agreed to, the majority leader shall offer an amendment in the nature of a substitute to the bill, which shall consist only of the text of the legislation reported under subsection (d). ``(ii) Treatment of text.--An amendment in the nature of a substitute offered under clause (i) shall be-- ``(I) deemed to be agreed to, subject to further amendment; ``(II) treated as original text for purposes of germaneness and further amendment; and ``(III) considered in the same manner as legislation reported under subsection (d), in accordance with paragraph (2) of this subsection. ``(D) No effect on points of order.--The fact that legislation reported under subsection (d) is considered as an amendment in the nature of a substitute to a bill of the House of Representatives shall not preclude any point of order that would lie against the legislation if the legislation were considered as a bill of the Senate reported by the Committee on the Budget under subsection (d). ``(g) Limitation.--The procedures in the Senate for consideration of any legislation under this section shall only apply during the first fiscal year covered by the applicable concurrent resolution on the budget.''. (b) Technical and Conforming Amendment.--The table of contents in section 1(b) of such Act, as amended by section 101(b) of this Act, is further amended by inserting after the item relating to section 316 the following: ``Sec. 317. Special reconciliation instructions.''. SEC. 305. PAYGO SCORECARD REQUIREMENT. (a) In General.--Section 4 of the Statutory Pay-As-You-Go Act of 2010 is amended by adding at the end the following: ``(f) Requirement.-- ``(1) In general.--Any legislation proposing the modification or exclusion of the budgetary effects from a PAYGO scorecard shall be considered in the House of Representatives and the Senate only as a separate bill or joint resolution that contains no other matter. ``(2) Recorded vote.--Notwithstanding any rule of the Rules of the House of Representatives or the Standing Rules of the Senate, the yeas and nays shall be considered as ordered with respect to the question on passage of any such bill or joint resolution.''. (b) Exercise of Rulemaking Powers.--Subsection (a) and the amendment made by such subsection is enacted by the Congress-- (1) as an exercise of the rulemaking power of the House of Representatives and as such they shall be considered as part of the rules of the House and such rules shall supersede other rules only to the extent that they are inconsistent therewith; and (2) with full recognition of the constitutional right of the House to change such rules at any time, in the same manner, and to the same extent as in the case of any other rule of the House. SEC. 306. TIMELY ENACTMENT OF APPROPRIATION ACTS. (a) Definitions.--In this section-- (1) the term ``covered officer or employee'' means-- (A) an officer or employee of the Office of Management and Budget; (B) a Member of Congress; or (C) an employee of the personal office of a Member of Congress, a committee of either House of Congress, or a joint committee of Congress; (2) the term ``covered period''-- (A) means any period of automatic continuing appropriations; and (B) with respect to the legislative branch-- (i) does not include any period of automatic continuing appropriations that occurs during the period-- (I) beginning at the time at which general appropriation Acts providing funding for the entire Federal Government (including a continuing appropriation Act) have been enacted or passed in identical form by both Houses and transmitted to the Secretary of the Senate or the Clerk of the House for enrollment and presentment to the President for his signature; and (II) ending at the time at which 1 or more general appropriation Acts-- (aa) are vetoed by the President; or (bb) do not become law without the President's signature under article I, section 7 of the Constitution of the United States based on an adjournment of the Congress; and (ii) includes any period of automatic continuing appropriations that is not a period described in clause (i) and that follows a veto or a failure to become law (as described in item (bb) of clause (i)(II)) of 1 or more general appropriation Acts; (3) the term ``Member of Congress'' has the meaning given that term in section 2106 of title 5, United States Code; (4) the term ``National Capital Region'' has the meaning given that term in section 8702 of title 40, United States Code; and (5) the term ``period of automatic continuing appropriations'' means a period during which automatic continuing appropriations under section 1311 of title 31, United States Code, as added by section 301 of this Act, are in effect with respect to 1 or more programs, projects, or activities. (b) Limits on Travel Expenditures.-- (1) Limits on official travel.-- (A) Limitation.--Except as provided in subparagraph (B), no amounts may be obligated or expended for official travel by a covered officer or employee during a covered period. (B) Exceptions.-- (i) Return to dc.--If a covered officer or employee is away from the seat of Government on the date on which a covered period begins, funds may be obligated and expended for official travel for a single return trip to the seat of Government by the covered officer or employee. (ii) Travel in national capital region.-- During a covered period, amounts may be obligated and expended for official travel by a covered officer or employee from one location in the National Capital Region to another location in the National Capital Region. (iii) National security events.--During a covered period, if a national security event that triggers a continuity of operations or continuity of Government protocol occurs, amounts may be obligated and expended for official travel by a covered officer or employee for any official travel relating to responding to the national security event or implementing the continuity of operations or continuity of Government protocol. (2) Restriction on use of campaign funds.--Section 313 of the Federal Election Campaign Act of 1971 (52 U.S.C. 30114) is amended-- (A) in subsection (a)(2), by striking ``for ordinary'' and inserting ``except as provided in subsection (d), for ordinary''; and (B) by adding at the end the following: ``(d) Restriction on Use of Campaign Funds for Official Travel During Automatic Continuing Appropriations.-- ``(1) In general.--Except as provided in paragraph (2), during a covered period (as defined in section 3 of the Prevent Government Shutdowns Act), a contribution or donation described in subsection (a) may not be obligated or expended for travel in connection with duties of the individual as a holder of Federal office. ``(2) Return to dc.--If the individual is away from the seat of Government on the date on which a covered period (as so defined) begins, a contribution or donation described in subsection (a) may be obligated and expended for travel by the individual to return to the seat of Government.''. (c) Procedures in the Senate and House of Representatives.-- (1) In general.--During a covered period, in the Senate and the House of Representatives-- (A) it shall not be in order to move to proceed to any matter except for-- (i) a measure making appropriations for the fiscal year during which the covered period begins; (ii) any motion required to determine the presence of or produce a quorum; (iii) a bill or resolution addressing the statutory limit on the public debt under section 3101 of title 31, United States Code; or (iv) on and after the 30th calendar day after the first day of a covered period-- (I) the nomination of an individual-- (aa) to a position at level I of the Executive Schedule under section 5312 of title 5, United States Code; or (bb) to serve as Chief Justice of the United States or an Associate Justice of the Supreme Court of the United States; or (II) a measure extending the period during which a program, project, or activity is authorized to be carried out (without substantive change to the program, project, or activity or any other program, project, or activity) if-- (aa) an appropriation Act with respect to the program, project, or activity for the fiscal year during which the covered period occurs has not been enacted; and (bb) the program, project, or activity has expired since the beginning of such fiscal year or will expire during the 30-day period beginning on the date of the motion; (B) it shall not be in order to move to recess or adjourn for a period of more than 23 hours; and (C) at noon each day, or immediately following any constructive convening of the Senate under rule IV, paragraph 2 of the Standing Rules of the Senate, the Presiding Officer shall direct the clerk to determine whether a quorum is present. (2) Waiver.-- (A) Limitation on period.--It shall not be in order in the Senate or the House of Representatives to move to waive any provision of paragraph (1) for a period that is longer than 7 days. (B) Supermajority vote.--A provision of paragraph (1) may only be waived or suspended upon an affirmative vote of two-thirds of the Members of the applicable House of Congress, duly chosen and sworn. SEC. 307. RATIO OF PUBLIC DEBT TO GDP INCLUDED IN PRESIDENT'S BUDGET SUBMISSION. Section 1105(a) of title 31, United States Code, is amended-- (1) in paragraph (10), by striking the period at the end and inserting ``, including the ratio of the public debt to the estimated gross domestic product.''; and (2) by adding at the end the following: ``(39) the ratio of the surplus or deficit to the estimated gross domestic product.''. TITLE IV--FISCAL DATA AND PREPAREDNESS REFORMS SEC. 401. ANNUAL JOINT MEETING OF CONGRESS TO RECEIVE PRESENTATION BY COMPTROLLER GENERAL. Section 331 of title 31, United States Code, is amended by adding at the end the following: ``(f) Annual Joint Meeting of Congress To Receive Presentation by Comptroller General.-- ``(1) In general.--Not later than 45 days (excluding Saturdays, Sundays, and holidays) after the date on which the Secretary of the Treasury submits to Congress the audited financial statement required under subsection (e)(1), on a date agreed upon by the Speaker of the House of Representatives and the President pro tempore of the Senate and the Comptroller General of the United States, the Congress shall hold a joint meeting (hereafter in this subsection referred to as the `Joint Meeting') to receive a presentation from the Comptroller General reviewing the findings of the audit required under subsection (e)(2) and providing, with respect to the information included by the Secretary in the report accompanying such audited financial statement, an analysis of the financial position and condition of the Federal Government, including financial measures (such as the net operating cost, income, budget deficits, or budget surpluses) and sustainability measures (such as the long-term fiscal projection or social insurance projection) described in such report. ``(2) Presentation of statement in accordance with gao strategies and means.--The Comptroller General of the United States shall ensure that the presentation at the Joint Meeting is made in accordance with the Strategies and Means of the Government Accountability Office, so that the presentation will provide professional, objective, fact-based, nonpartisan, nonideological, fair, and balanced information to the members attending the Joint Meeting. ``(3) Open meeting.--The Joint Meeting shall be open to the public, including to radio, television, and still photography coverage. ``(4) Effective date.--The requirement under paragraph (1) shall apply with respect to any audited financial statement submitted on or after the date of the enactment of the Fiscal State of the Nation Act.''. SEC. 402. INCLUSION OF FINDINGS AND ANALYSIS OF FISCAL STATE OF THE NATION IN CONCURRENT RESOLUTION ON THE BUDGET. Section 301(a) of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 632(a)) is amended by adding at the end the following: ``Each concurrent resolution on the budget shall include a statement of findings informed by the most recently conducted Fiscal State of the Nation presentation under section 331(f) of title 31, United States Code, and any other appropriate information on the fiscal condition of the United States.''. SEC. 403. ANNUAL REPORT. (a) In General.--Section 331(e) of title 31, United States Code, is amended by adding at the end the following: ``(3)(A) As a component of the report required under paragraph (1), the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, shall examine the fiscal risks and fiscal impacts of the response of the Federal Government to potential national and international fiscal shocks. ``(B) In making the examination required under subparagraph (A), the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, shall-- ``(i) include an assessment of the fiscal risks and fiscal impacts of the Federal Government responding to events, such as-- ``(I) an economic recession or depression; ``(II) a domestic energy crisis; ``(III) a catastrophic natural disaster; ``(IV) a health crisis, such as a global pandemic; ``(V) a significant armed conflict or event; ``(VI) a significant cyber attack; and ``(VII) a financial crisis; ``(ii) determine the estimated short-term and long-term fiscal effects on the Federal Government in the case of an event described in clause (i); and ``(iii) describe significant economic impacts and indicators selected by the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, to convey the short-term and long-term fiscal effects on the Federal Government in the case of an event described in clause (i) in the method that best accomplishes the goal of the examination. ``(C) In making the examination required under subparagraph (A) and determining the scope and magnitude of an event described in subparagraph (B)(i), the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, may consider historical instances of those events and the response of the Federal Government to those historical instances. ``(D) In including the examination required under subparagraph (A) in the report required under paragraph (1), the Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget, may structure and report the examination in the method that best accomplishes the goal of the examination.''. (b) Effective Date.--The amendment made by subsection (a) shall take effect on the later of-- (1) the first date following the date of enactment of this Act on which the Secretary of the Treasury, in coordination with the Office of Management and Budget, submits a report under section 331(e)(1) of title 31, United States Code; and (2) 180 days after the date of enactment of this Act. (c) GAO Report.--Not later than 1 year after the date on which the Secretary of the Treasury publishes the first examination required under section 331(e)(3)(A) of title 31, United States Code, as added by subsection (a), after the date of enactment of this Act, and periodically thereafter as determined necessary by the Comptroller General of the United States, the Comptroller General of the United States shall-- (1) review the methodology and results of the fiscal analysis performed during the examination; (2) publish a report of the findings of the review under paragraph (1) on the website of the Government Accountability Office; and (3) submit to the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives the report published under paragraph (2). <all>