House Report 113-52 - PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 807) TO REQUIRE THAT THE GOVERNMENT PRIORITIZE ALL OBLIGATIONS ON THE DEBT HELD BY THE PUBLIC IN THE EVENT THAT THE DEBT LIMIT IS REACHED

[House Report 113-52]
[From the U.S. Government Publishing Office]

113th Congress Report
HOUSE OF REPRESENTATIVES
1st Session 113-52
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PROVIDING FOR CONSIDERATION OF THE BILL (H.R. 807) TO REQUIRE THAT THE
GOVERNMENT PRIORITIZE ALL OBLIGATIONS ON THE DEBT HELD BY THE PUBLIC IN
THE EVENT THAT THE DEBT LIMIT IS REACHED

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May 7, 2013.--Referred to the House Calendar and ordered to be printed

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Mr. Sessions, from the Committee on Rules,
submitted the following

R E P O R T

[To accompany H. Res. 202]

The Committee on Rules, having had under consideration
House Resolution 202, by a record vote of 5 to 2, report the
same to the House with the recommendation that the resolution
be adopted.

SUMMARY OF PROVISIONS OF THE RESOLUTION

The resolution provides for consideration of H.R. 807, the
Full Faith and Credit Act, under a structured rule. The
resolution provides one hour of debate equally divided and
controlled by the chair and ranking minority member of the
Committee on Ways and Means. The resolution waives all points
of order against consideration of the bill. The resolution
provides that the amendment in the nature of a substitute
recommended by the Committee on Ways and Means now printed in
the bill shall be considered as adopted and the bill, as
amended, shall be considered as read. The resolution waives all
points of order against provisions in the bill, as amended. The
resolution makes in order only the amendment printed in this
report, if offered by Representative Camp of Michigan, or his
designee. The amendment shall be considered as read, shall be
debatable for 10 minutes equally divided and controlled by the
proponent and an opponent, shall not be subject to amendment,
and shall not be subject to a demand for division of the
question. The resolution waives all points of order against the
amendment printed in this report. The resolution provides one
motion to recommit with or without instructions.

EXPLANATION OF WAIVERS

Although the resolution waives all points of order against
consideration of the bill, the Committee is not aware of any
points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
provisions in the bill, as amended, the Committee is not aware
of any points of order. The waiver is prophylactic in nature.
Although the resolution waives all points of order against
the amendment printed in this report, the Committee is not
aware of any points of order. The waiver is prophylactic in
nature.

COMMITTEE VOTES

The results of each record vote on an amendment or motion
to report, together with the names of those voting for and
against, are printed below:

Rules Committee record vote No. 28

Motion by Mr. McGovern to make in order and provide the
appropriate waivers for amendment #4, offered by Rep. Grayson
(FL), which adds obligations held by the Federal Hospital
Insurance Trust Fund (Medicare) to the list of eligible
obligations on which the Secretary of the Treasury must
continue to pay principal and interest when the statutory debt
limit is reached. Defeated: 2-5.

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Majority Members Vote Minority Members Vote
----------------------------------------------------------------------------------------------------------------
Ms. Foxx........................................ Nay Ms. Slaughter..................... Yea
Mr. Bishop of Utah.............................. Mr. McGovern...................... Yea
Mr. Cole........................................ Mr. Hastings of Florida...........
Mr. Woodall..................................... Nay Mr. Polis.........................
Mr. Nugent...................................... Nay
Mr. Webster.....................................
Ms. Ros-Lehtinen................................
Mr. Burgess..................................... Nay
Mr. Sessions, Chairman.......................... Nay
----------------------------------------------------------------------------------------------------------------

Rules Committee record vote No. 29

Motion by Mr. McGovern to make in order and provide the
appropriate waivers for amendment #3, offered by Rep. Grayson
(FL), which adds obligations held by the Military Retirement
Fund to the list of eligible obligations on which the Secretary
of the Treasury must continue to pay principal and interest
when the statutory debt limit is reached. Defeated: 2-5.

Rules Committee record vote No. 30

Motion by Mr. McGovern to make in order and provide the
appropriate waivers for amendment #5, offered by Rep. Grayson
(FL), which inserts the word ``American'' before ``public'' on
p. 6, line 15, to ensure that the payment of debt obligations
held by the American public are prioritized over debt held by
foreign nationals and governments. Defeated: 2-5.

Rules Committee record vote No. 31

Motion by Ms. Foxx to report the rule. Adopted: 5-2.

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Majority Members Vote Minority Members Vote
----------------------------------------------------------------------------------------------------------------
Ms. Foxx........................................ Yea Ms. Slaughter..................... Nay
Mr. Bishop of Utah.............................. Mr. McGovern...................... Nay
Mr. Cole........................................ Mr. Hastings of Florida...........
Mr. Woodall..................................... Yea Mr. Polis.........................
Mr. Nugent...................................... Yea
Mr. Webster.....................................
Ms. Ros-Lehtinen................................
Mr. Burgess..................................... Yea
Mr. Sessions, Chairman.......................... Yea
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SUMMARY OF THE AMENDMENT MADE IN ORDER

Camp (MI): Clarifies the prohibition on compensation for
Members of Congress and clarifies language to require that the
Secretary report to Congress any time the new authority is
used. (10 minutes)

TEXT OF AMENDMENT MADE IN ORDER

An Amendment To Be Offered By Representative Camp of Michigan or His
Designee, Debatable for 10 Minutes

Page 6, after line 17, insert the following (and
redesignate succeeding subsections accordingly):
(c) Prohibition on Compensation for Members of Congress.--
None of the obligations issued under subsection (a) may be used
to pay compensation for Members of Congress.
Page 7, line 2, insert ``the authority is in use'' after
``week''.
Page 7, strike line 13 and all that follows through line
17.