3.0.0 3807 2023-01-11T13:29:37Z 2023-01-11T13:29:37Z House HR 2015-10-22 114 [Congressional Record Volume 161, Number 155 (Thursday, October 22, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HONDA:H.R. 3807.Congress has the power to enact this legislation pursuantto the following:Section 8 of Article I of the U.S. Constitution[Page H7138]]]> hsru00 Rules Committee House Standing Referred to 2015-10-22T14:01:50Z hswm00 Ways and Means Committee House Standing Referred to 2015-10-22T14:01:45Z 2015-10-22 Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2015-10-22 Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2015-10-22 Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2015-10-22 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-10-22 Introduced in House IntroReferral 1000 9 Library of Congress H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 N H000636 Rep. Hinojosa, Ruben [D-TX-15] RUBEN HINOJOSA D TX 15 2015-10-22 True L000551 Rep. Lee, Barbara [D-CA-13] BARBARA LEE D CA 13 2015-10-22 True S001193 Rep. Swalwell, Eric [D-CA-15] Eric Swalwell D CA 15 2015-10-22 True H001068 Rep. Huffman, Jared [D-CA-2] Jared Huffman D CA 2 2015-10-22 True N000147 Del. Norton, Eleanor Holmes [D-DC-At Large] ELEANOR NORTON D DC HOLMES 0 2015-10-22 True B001292 Rep. Beyer, Donald S., Jr. [D-VA-8] Donald Beyer D VA S. 8 2015-10-22 True V000130 Rep. Vargas, Juan [D-CA-51] Juan Vargas D CA 51 2015-10-22 True C001059 Rep. Costa, Jim [D-CA-16] Jim Costa D CA 16 2015-10-22 True M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2015-10-22 True T000473 Rep. Takai, Mark [D-HI-1] Mark Takai D HI 1 2015-10-22 True J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2015-10-22 True P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2015-10-22 True C001090 Rep. Cartwright, Matt [D-PA-17] Matt Cartwright D PA 17 2015-10-22 True L000579 Rep. Lowenthal, Alan S. [D-CA-47] Alan Lowenthal D CA S. 47 2015-10-22 True C001084 Rep. Cicilline, David N. [D-RI-1] David Cicilline D RI N. 1 2015-10-22 True H000324 Rep. Hastings, Alcee L. [D-FL-20] ALCEE HASTINGS D FL L. 20 2015-10-22 True L000397 Rep. Lofgren, Zoe [D-CA-19] ZOE LOFGREN D CA 19 2015-10-22 True C000714 Rep. Conyers, John, Jr. [D-MI-13] JOHN CONYERS D MI 13 2015-10-22 True P000597 Rep. Pingree, Chellie [D-ME-1] Chellie Pingree D ME 1 2015-10-22 True R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2015-10-22 True E000288 Rep. Ellison, Keith [D-MN-5] Keith Ellison D MN 5 2015-10-27 False L000560 Rep. Larsen, Rick [D-WA-2] RICK LARSEN D WA 2 2015-10-27 False B001227 Rep. Brady, Robert A. [D-PA-1] ROBERT BRADY D PA A. 1 2015-10-27 False C001078 Rep. Connolly, Gerald E. [D-VA-11] Gerald Connolly D VA E. 11 2015-10-27 False Economics and Public Finance Budget deficits and national debt Congressional oversight Legislative rules and procedure Economics and Public Finance 00 2015-10-22 Introduced in House 2016-01-04T14:32:00Z Pay Our Bills Act

This bill permits the President to increase the statutory debt limit unless two-thirds of Congress votes to disapprove the increase.

If the President certifies to Congress that the debt is within $100 billion of the limit and a specified amount of further borrowing is necessary to meet existing commitments, the Department of the Treasury may borrow the specified amount unless a joint resolution of disapproval is enacted within 15 days after Congress receives the certification.

The debt limit is suspended from the date the President submits the certification to Congress until the earlier of: (1) 15 days after Congress receives the certification, or (2) enactment of a joint resolution of disapproval. After the suspension period ends, the limit is increased to accommodate obligations issued during the suspension period.

Congress must consider a joint resolution of disapproval using expedited legislative procedures specified in the bill. If the resolution is approved by Congress, the President may veto the resolution. If Congress votes to override the veto with a two-thirds vote of each chamber, the debt limit may not be increased, except as required during the suspension period.

]]> Pay Our Bills Act Display Title Pay Our Bills Act Official Title as Introduced To provide a process for ensuring the United States does not default on its obligations. Introduced in House IH Short Titles as Introduced Pay Our Bills Act Introduced in House 2015-10-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr3807ih/xml/BILLS-114hr3807ih.xml 2015-10-22 Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.