Debt Explanation Before Taxwriters Act or the DEBT Act This bill requires the Secretary of the Treasury to appear before the House Ways and Means Committee and the Senate Finance Committee before the federal debt limit is reached or extraordinary measures are taken to prevent the United States from defaulting on its obligations. The term extraordinary measures generally refers to a series of actions that the Department of the Treasury may implement to allow the United States to borrow additional funds without exceeding the debt limit. The measures generally include suspensions or delays of debt sales and suspensions or redemptions of investments in certain government funds. The bill requires the Secretary of the Treasury to appear before the committees to provide a detailed explanation of (1) the extraordinary measures that Treasury will take and the administrative costs of taking the measures, and (2) any reversal of such measures and any other changes in the funding of federal government obligations.
Read the Bills ActThis bill establishes requirements for bills and resolutions to be introduced or considered by the Senate or the House of Representatives.First, the bill requires any bill or resolution to cite the specific powers granted to Congress in the Constitution to enact all provisions in the proposed measure. Without this information, the measure may not be accepted by the Clerk of the House or the Secretary of the Senate or submitted for a final vote. Each measure must also set forth the current law such measure is amending and show the proposed modifications to the law (except where a complete section of law is stricken). Further, a vote on final passage of such measure may not occur unless (1) the full text of the measure is published at least seven days before the vote, (2) public notice of the calendar week during which the vote is scheduled to take place is posted at least six days before the Monday of such week, and (3) the full text of the measure is read verbatim to the assembled body in each chamber. Members must affirm in writing that they read the measure in full or were present throughout the reading before voting in favor of passing the measure (i.e., such requirements do not apply for a member who votes against passage).The bill also authorizes a person aggrieved by a violation of the bill's provisions to sue for appropriate relief (such as an injunction against enacting the measure).
States findings of the Legislature and calls on the Joint Finance-Appropriations Committee and the State Treasurer to return rural health transformation funds to the United States Treasury.
Requires the inclusion of certain information in fiscal notes in retirement bills and on bills affecting political subdivisions; provides that fiscal note measurements shall be made in units of money, personal services, equipment, or any appropriate, convenient or accessible units and measurement.
Provides measures to prevent title fraud by authorizing the recorder of deeds to require the production of a government-issued photographic identification card before recording a deed or certain other instruments.
Expressing the sense of the House of Representatives that Congress should take all appropriate measures to ensure that the United States Postal Service remains an independent establishment of the Federal Government and is not subject to privatization.