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Amendments

Amendments to H.R. 3442 - Debt Management and Fiscal Responsibility Act of 2015

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Washington, February 11, 2016 | comments
Grijalva (D-AZ) - Amendment No. 1 - Requires the Treasury Secretary’s report to include historical levels of federal revenue, including corporate and individual federal income taxes as a percent of gross domestic product (10 minutes)
Adopted Voice Y      N

Huelskamp (R-KS) - Amendment No. 2 -  Requires Secretary of the Treasury to provide weekly reporting of extraordinary measures and projected exhaustion date upon notification the debt limit has been reached (10 minutes)
Adopted Voice Y      N

Newhouse (R-WA) - Amendment No. 3 - Directs the Treasury Secretary to include in the report to Congress whether the President recommends that Congress adopt a balanced budget amendment (10 minutes)
Adopted Voice Y      N

Kelly (D-IL) - Amendment No. 4 - Requires the Treasury Secretary’s report to include an economic forecast of the negative consequences of failing to raise the debt limit, including costs associated with public health and safety (10 minutes)
  Y    184 N   234
 
Duffy (R-WI) - Amendment No. 5 - Requires the Treasury Secretary to acknowledge whether it is able to pay only principal and interest on the national debt, as opposed to other obligations, in the event that the debt limit is reached (10 minutes)
  Y   240 N   176

Messer (R-IN) - Amendment No. 6 - Requires the Secretary to report on any extraordinary actions they intend to take to fund Federal government obligations if the debt limit is reached, and a projection of how long such extraordinary actions will fund the government, and the administrative costs of the extraordinary actions (10 minutes)
Adopted Voice Y      N

Grijalva (D-AZ) - Amendment No. 7 - Requires the Treasury Secretary’s report to also include individual salary and wage information, as well as projections of consumer spending and the impact of spending on cuts and GDP (10 minutes)
  Y   171 N   245
 
Takano (D-CA) - Amendment No. 8 - Requires the report to include the impact the threat of default would have on the economy, including, but not limited to, the impact on the Gross Domestic Product (GDP), interest rates, employment, household wealth, and retirement assets (10 minutes)
  Y    190 N   227

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