To amend the Budget Control Act of 2011 to require the joint select committee of Congress to report findings and propose legislation to restore the Nation's workforce to full employment over the period of fiscal years 2012 and 2013.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Job Creation and Economic Growth 
Act''.

SEC. 2. AMENDMENTS TO THE BUDGET CONTROL ACT OF 2011.

    (a) Title Amendment.--The title heading of title IV of the Budget 
Control Act of 2011 (Public Law 112-25) is amended by inserting ``, JOB 
CREATION, AND ECONOMIC GROWTH'' after ``DEFICIT REDUCTION''.
    (b) Additional Duties of Joint Select Committee.--Section 401 of 
the Budget Control Act of 2011 (Public Law 112-25) is amended--
            (1) in subsection (a)(1), by inserting ``, Job Creation, 
        and Economic Growth'' after ``Deficit Reduction'';
            (2) in subsection (b)--
                    (A) in paragraph (1), by inserting ``, Job 
                Creation, and Economic Growth'' after ``Deficit 
                Reduction'';
                    (B) in paragraph (2)--
                            (i) in the paragraph heading, by striking 
                        ``Goal'' and inserting ``Goals'';
                            (ii) by striking ``goal'' and inserting 
                        ``goals''; and
                            (iii) by inserting before the period ``and 
                        to spur economic growth and restore the 
                        Nation's workforce to full employment, which 
                        shall be defined by the Secretary of Labor not 
                        later than 14 days after the date of enactment 
                        of the Job Creation and Economic Growth Act, 
                        over the period of fiscal years 2012 and 
                        2013'';
                    (C) in paragraph (3)(A)(i), by inserting ``and 
                significantly improve the short-term and long-term 
                employment levels in the United States and spur 
                economic growth'' before the period;
                    (D) in paragraph (3)(A)(ii), by striking ``reduce 
                the deficit consistent with the goal'' and inserting 
                ``reduce the deficit and improve employment levels 
                consistent with the goal'';
                    (E) in paragraph (3)(B)--
                            (i) in the subparagraph heading, by 
                        striking ``Report'' and inserting ``Reports'';
                            (ii) in clause (i)--
                                    (I) by striking ``and'' at the end 
                                of subclause (I);
                                    (II) in subclause (II), by 
                                inserting ``with respect to deficit 
                                reduction'' after ``subclause (I)'';
                                    (III) by striking the period at the 
                                end of subclause (II) and inserting a 
                                semicolon;
                                    (IV) by inserting after subclause 
                                (II) the following new subclauses:
                                    ``(III) proposed legislative 
                                language to carry out such 
                                recommendations as described in 
                                subclause (I) with respect to job 
                                creation measures, which shall include 
                                a statement of the job creation 
                                achieved by the legislation over the 
                                period of fiscal years 2012 and 
                                2013.''; and
                            (iii) in clause (iv), by striking ``the 
                        joint committee report'' and inserting ``that 
                        joint committee report''; and
                            (iv) in clause (v), by striking ``vote'' 
                        and inserting ``votes''; and
                    (F) in paragraph (4)--
                            (i) in subparagraph (A), by striking ``12'' 
                        and inserting ``16'';
                            (ii) in each of clause (i) through (iv) of 
                        subparagraph (B), by striking ``three'' each 
                        place it appears and inserting ``4''; and
                            (iii) by adding at the end the following 
                        new subparagraph:
                    ``(F) Subcommittee.--The joint committee shall 
                appoint some of its members to a special subcommittee 
                which shall make recommendations to the joint committee 
                on measures to spur economic growth and restore the 
                Nation's workforce to full employment over the period 
                of fiscal years 2012 and 2013.''.
    (c) Conforming Amendments Relating to Expedited Consideration of 
Joint Committee Recommendations.--Section 402 of the Budget Control Act 
of 2011 (Public Law 112-25) is amended--
            (1) in subsection (a)--
                    (A) by striking ``If approved by the majority'' and 
                all that follows through ``section 401(b)(3)(B)(iv)'' 
                and insert the following:
            ``(1) Approved deficit reduction legislative language.--If 
        approved by the majority required by section 401(b)(3)(B)(ii), 
        the proposed legislative language described in clause (i)(II) 
        of section 401(b)(1)(B) and submitted pursuant to clause (iv) 
        of such section''; and
                    (B) by adding at the end the following:
            ``(2) Job creation legislative language.--
                    ``(A) If approved.--If approved by the majority 
                required by section 401(b)(3)(B)(ii), the proposed 
                legislative language described in clause (i)(III) of 
                section 401(b)(1)(B) submitted pursuant to clause (iv) 
                of such section shall be introduced in the Senate (by 
                request) on the next day on which the Senate is in 
                session by the majority leader of the Senate or by a 
                Member of the Senate designated by the majority leader 
                of the Senate and shall be introduced in the House of 
                Representatives (by request) on the next legislative 
                day by the majority leader of the House or by a Member 
                of the House designated by the majority leader of the 
                House.
                    ``(B) If not approved.--If no legislative language 
                described in subclause (III) of section 401(b)(1)(B)(i) 
                is approved by the vote required by such section, then 
                any such legislative language that was brought to a 
                vote under such section shall be introduced in the 
                Senate (by request) on the next day on which the Senate 
                is in session by the majority leader of the Senate or 
                by a Member of the Senate designated by the majority 
                leader of the Senate and shall be introduced in the 
                House of Representatives (by request) on the next 
                legislative day by the majority leader of the House or 
                by a Member of the House designated by the majority 
                leader of the House.'';
            (2) in subsection (b)--
                    (A) in paragraph (1)--
                            (i) by striking ``the joint committee 
                        bill'' each place it appears and inserting ``a 
                        joint committee bill''; and
                            (ii) in the last sentence, by striking 
                        ``the joint committee bill'' and inserting 
                        ``that joint committee bill'';
                    (B) in paragraph (2), in the first sentence, by 
                striking ``the joint committee bill'' and inserting 
                ``that joint committee bill''; and
                    (C) in paragraph (3), by striking ``The joint 
                committee bill'' and inserting ``A joint committee 
                bill'';
            (3) in subsection (c)--
                    (A) in paragraphs (3) and (4), by striking ``the 
                joint committee bill'' each place it appears and 
                inserting ``a joint committee bill''; and
                    (B) in paragraph (5), by striking ``the joint 
                committee bill'' the first place it appears and 
                inserting ``a joint committee bill'';
            (4) in subsection (d), by striking ``The joint committee 
        bill'' and insert ``A joint committee bill'';
            (5) in subsection (e)(1) in the matter preceding 
        subparagraph (A)--
                    (A) by striking ``before passing the joint'' and 
                inserting ``before passing a joint''; and
                    (B) by striking ``a joint committee bill'' and 
                inserting ``a related joint committee bill'';
            (6) in subsection (f)(2)--
                    (A) by striking ``the joint committee bill'' the 
                first place it appears and inserting ``a joint 
                committee bill''; and
                    (B) by striking ``receives the joint committee 
                bill'' and inserting ``receives the related joint 
                committee bill'';
            (7) in subsection (f)(3), by striking ``the joint committee 
        bill'' and inserting ``a joint committee bill''; and
            (8) in subsection (g)--
                    (A) in paragraph (1), by inserting ``, in the case 
                of a joint committee bill that was introduced pursuant 
                to subsection (a)(1)'' before the semicolon; and
                    (B) in paragraph (2), by inserting ``, in the case 
                of any joint committee bill that was introduced 
                pursuant to subsection (a)'' before the period.
    (d) Table of Contents Amendment.--In the table of contents in 
section 1(b) of the Budget Control Act of 2011, the item relating to 
title IV is amended to read as follows:

``TITLE IV--JOINT SELECT COMMITTEE ON DEFICIT REDUCTION, JOB CREATION, 
                         AND ECONOMIC GROWTH''.

Summary: Job Creation and Economic Growth Act - Amends the Budget Control Act of 2011 to redesignate the Joint Select Committee on Deficit Reduction as the Joint Select Committee on Deficit Reduction, Job Creation, and Economic Growth.

Adds as a goal of the joint committee spurring economic growth and restoring the nation's workforce to full employment over the period of FY2012 and FY2013. Revises the duties of the joint committee to require it to make recommendations that will significantly improve U.S. short-term and long-term employment levels and spur economic growth.

Requires the joint committee, by November 23, 2011, to vote on proposed legislative language to carry out joint committee recommendations with respect to job creation measures, including a statement of job creation achieved by such legislation.

Increases the number of members of the joint committee from 12 to 16.

Directs the joint committee to appoint some of its members to a special subcommittee to make recommendations on measures to spur economic growth and restore the nation's workforce to full employment over the period of FY2012 and FY2013.

Prescribes procedures for expedited congressional consideration of proposed joint committee job creation legislative language.