(5) Section 6051(a)(6) of such Code is amended 
by inserting ‘‘(stated separately with respect to the 
taxes imposed by subsections (a), (b), and (d) there-
of)’’. 
(6) Section 6053(b) of such Code is amended— 
(A) by striking ‘‘section 3101 or section 
3201’’ and inserting ‘‘section 3101 (without re-
gard to subsection (d) thereof) or section 3201 
(without regard to subsection (d) thereof)’’, and 
(B) by inserting ‘‘with respect to sections 
3101(a) and (b) and 3201(a) and (b)’’ after 
‘‘as the case may be’’ the second place it ap-
pears. 
(f) EFFECTIVE DATE.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), the amendments made by this section 
shall apply with respect to remuneration paid after 
December 31, 2005. 
(2) SELF-EMPLOYMENT INCOME.—The amend-
ment made by subsection (d) shall apply to taxable 
years beginning after December 31, 2005.
SEC. 3. POINT OF ORDER AGAINST DIRECT SPENDING OR 
REVENUE LEGISLATION THAT IS NOT FULLY 
OFFSET. 
(a) POINT OF ORDER.—Section 401 of the Congres-
sional Budget Act of 1974 is amended by adding at the 
end the following: 
‘‘(d) PAY-AS-YOU-GO RULE.— 
‘‘(1) POINT OF ORDER.— 
‘‘(A) IN GENERAL.—Notwithstanding any 
other provision law, it shall not be in order in 
the Senate or the House of Representatives to 
consider any direct spending or revenue legisla-
tion that would decrease a unified-budget sur-
plus or cause or increase a unified-budget def-
icit, for any applicable time period. 
‘‘(B) APPLICABLE
TIME
PERIOD.—For 
purposes of subparagraph (A), the term ‘appli-
cable time period’ means any of the following 
three periods: 
‘‘(i) The current year and the budget 
year. 
‘‘(ii) The current year and the five 
subsequent fiscal years. 
‘‘(iii) The five fiscal years following 
the period described in clause (ii).
‘‘(C) EXCLUSION.—For purposes of this 
paragraph, the terms ‘direct-spending legisla-
tion’ and ‘revenue legislation’ do not include 
any provision of legislation that affects the full 
funding of, and continuation of, the deposit in-
surance guarantee commitment in effect on the 
date of the enactment of the Social Security 
Forever Act of 2005. 
‘‘(D) CALCULATIONS.—Calculations pre-
pared pursuant to this paragraph shall employ 
the baseline used for the most recently adopted 
concurrent resolution on the budget. 
‘‘(E) USE OF ENACTED SAVINGS.—If di-
rect spending or revenue legislation decreases a 
unified-budget surplus or causes or increases a 
unified-budget deficit when taken individually, 
then it must also do so when taken together 
with all direct spending and revenue legislation 
enacted since the beginning of the calendar year 
not accounted for in the baseline under sub-
paragraph (D). 
‘‘(2) WAR.—The current-year and budget-year 
costs of legislation shall not be counted for purposes 
of paragraph (1) whenever a declaration of war is in 
effect.
‘‘(3) RECESSION.—Paragraph (1) shall not 
apply to any legislation all of whose provisions expire 
within 18 months of enactment if Congress declares 
by concurrent resolution or statute, and the presi-
dent independently declares by proclamation, that 
the economy is suffering from the current or lin-
gering effects of a recession.’’. 
(b) WAIVERS AND APPEALS.—Section 904 of the 
Congressional Budget Act of 1974 is amended by adding 
‘‘401(d),’’ after ‘‘313,’’ in subsection (c) and in subsection 
(d). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall take efect the day after their enactment, 
and any tax or entitlement legislation enacted before the 
effective date of such amendments, including the provi-
sions of section 2, shall not count for purposes of deter-
mining compliance with this section. 
SEC. 4. SIGNATURES ON TREASURY SECURITIES. 
(a) IN GENERAL.—Subchapter II of chapter 31 of 
title 31, United States Code, is amended by adding at the 
end the following new section: 
‘‘§ 3131. Signatures on obligations issued or guaran-
teed under this chapter 
‘‘Every obligation issued or guaranteed under the au-
thority of this chapter shall bear a facsimile of the signa-
tures of the President of the United States and the Sec-
retary of the Treasury.’’. 
(b) CLERICAL AMENDMENT.—The table of sections 
for chapter 31, United States Code, is amended by adding 
after the item relating to section 3130 the following new 
item: 
‘‘3131. Signatures on obligations issued or guaranteed under this chapter.’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to obligations issued after 3 
months after the date of the enactment of this Act. 
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