I 
113TH CONGRESS 
2D SESSION 
H. R. 4021 
To suspend the application of the limit on the Nation’s debt for a 10- 
year period, to reduce the pay of Members of Congress for failing 
to meet fiscal sustainability targets, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 10, 2014 
Mr. BARR introduced the following bill; which was referred to the Committee 
on Ways and Means, and in addition to the Committees on House Admin-
istration and Oversight and Government Reform, for a period to be sub-
sequently determined by the Speaker, in each case for consideration of 
such provisions as fall within the jurisdiction of the committee concerned 
A BILL 
To suspend the application of the limit on the Nation’s 
debt for a 10-year period, to reduce the pay of Members 
of Congress for failing to meet fiscal sustainability tar-
gets, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Debt Limit Reform 
and Congressional Pay for Performance Act of 2014’’. 
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SEC. 2. SUSPENSION OF DEBT LIMIT. 
(a) SUSPENSION.—Section 3101(b) of title 31, 
United States Code, shall not apply for the period begin-
ning on February 8, 2014, and ending on April 15, 2024. 
(b) SPECIAL RULE RELATING
TO OBLIGATIONS 
ISSUED
DURING
SUSPENSION
PERIOD.—Effective on 
April 16, 2024, the limitation in section 3101(b) of title 
31, United States Code, is increased to the extent that— 
(1) the face amount of obligations issued under 
chapter 31 of such title and the face amount of obli-
gations whose principal and interest are guaranteed 
by the United States Government (except guaran-
teed obligations held by the Secretary of the Treas-
ury) outstanding on April 16, 2024, exceeds 
(2) the face amount of such obligations out-
standing on the date of enactment of this Act. 
(c) LIMITATION.—An obligation shall not be taken 
into account under subsection (b)(1) unless the issuance 
of such obligation was necessary to fund a commitment 
incurred by the Federal Government that required pay-
ment before April 16, 2024. 
SEC. 3. DETERMINATION OF FISCAL SUSTAINABILITY TAR-
GETS. 
(a) DETERMINATIONS.—On December 31 of each of 
calendar years 2015 through 2023, the Director of the Of-
fice of Management and Budget shall determine— 
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(4) For fiscal year 2018, 64.4 percent. 
(5) For fiscal year 2019, 62.4 percent. 
(6) For fiscal year 2020, 60.5 percent. 
(7) For fiscal year 2021, 58.7 percent. 
(8) For fiscal year 2022, 56.9 percent. 
(9) For fiscal year 2023, 54.8 percent. 
SEC. 4. REDUCTION IN PAY OF MEMBERS OF CONGRESS 
FOR FAILURE TO MEET FISCAL SUSTAIN-
ABILITY TARGETS. 
(a) REDUCTION.—Section 601(a)(2) of the Legisla-
tive Reorganization Act of 1946 (2 U.S.C. 4501(2)) is 
amended by adding at the end the following: 
‘‘(C) If the Director of the Office of Management and 
Budget determines that the amount determined under 
paragraph (1) of section 3(a) of the Debt Limit Reform 
and Congressional Pay for Performance Act of 2014 with 
respect to a fiscal year exceeds the amount determined 
under paragraph (2) of section 3(a) of such Act with re-
spect to such fiscal year— 
‘‘(i) each annual rate of pay referred to in para-
graph (1) shall be reduced by the percentage deter-
mined by the Director of the Office of Management 
and Budget under section 3(a)(3) of the Debt Limit 
Reform and Congressional Pay for Performance Act 
of 2014 for all pay periods occurring during the next 
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calendar year which begins after that fiscal year; 
and 
‘‘(ii) no adjustment may be made under sub-
paragraph (A) in any such rate of pay during that 
next calendar year.’’. 
(b) TECHNICAL AMENDMENT.—Section 601(a)(2)(A) 
of such Act is amended by striking ‘‘Subject to subpara-
graph (B),’’ and inserting ‘‘Subject to subparagraphs (B) 
and (C),’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply with respect to fiscal year 2015 
and each succeeding fiscal year. 
Æ 
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