Summary:
Guarantee Paychecks for America's Military Families Act - Prioritizes, in the event that the public debt of the U.S. government reaches the statutory limit, the following obligations over all other obligations: (1) the Secretary of the Treasury to pay with legal tender the principal and interest on debt held by the public; (2) the Secretary of Defense (DOD) and the Secretary of Homeland Security (DHS) to pay members of the Armed Forces the earned pay, allowances, and other compensation paid from military personnel accounts; and (3) the Secretary of Defense and the Secretary of Homeland Security to carry out a contingency operation (as defined in existing provisions of federal military law), including the pay earned by civilian employees of the DOD and the Coast Guard serving in a combat zone (as defined in existing provisions of the Internal Revenue Code of 1986).

Appropriates to the Secretary of Defense and the Secretary of Homeland Security, for any period of lapsed appropriations, such amounts as may be necessary to allow such Secretaries to provide, during the period of lapsed appropriations and without interruption: (1) pay and allowances to members of Armed Forces, including reserve components thereof, who perform active service during the period of lapsed appropriations; and (2) pay to civilian employees of the DOD and the Coast Guard serving in a combat zone.

 Defines "period of lapsed appropriations" as any period during which appropriations are not available due to the absence of the timely enactment of any Act or joint resolution (whether a general appropriations Act or an Act or joint resolution making continuing appropriations) appropriating funds for the payment of the pay and allowances of members of the Armed Forces or civilian employees of the DOD and Coast Guard.

guarantee america military families act prioritizes event public debt government reaches statutory limit following obligations obligations secretary treasury pay legal tender principal interest debt held public secretary defense dod secretary homeland_security dhs pay members armed_forces earned pay allowances compensation paid military personnel accounts secretary defense secretary homeland_security carry contingency operation defined existing provisions federal military law including pay earned civilian employees dod coast_guard serving combat zone defined existing provisions internal_revenue_code appropriates secretary defense secretary homeland_security period lapsed appropriations amounts necessary allow secretaries provide period lapsed appropriations interruption pay allowances members armed_forces including reserve components thereof perform active service period lapsed appropriations pay civilian employees dod coast_guard serving combat zone defines period lapsed appropriations period appropriations available absence timely enactment act joint resolution general appropriations act act joint resolution making continuing appropriations appropriating funds payment pay allowances members armed_forces civilian employees dod coast_guard


Summary:
Increases the current public debt limit from $14.294 trillion to $16.994 trillion after the President certifies and submits to the states for ratification a joint resolution entitled:

 "Joint resolution proposing a balanced budget amendment to the U.S. Constitution," "Joint resolution proposing a spending limit amendment to the U.S. Constitution," or "Joint resolution proposing an amendment to the U.S. Constitution to restrict the power of Congress to enact legislation increasing any amount spent under entitlement programs or creating new entitlement programs."

increases current public debt limit trillion trillion president certifies submits states ratification joint resolution entitled joint resolution proposing balanced_budget amendment constitution joint resolution proposing spending limit amendment constitution joint resolution proposing amendment constitution restrict power congress enact legislation increasing spent entitlement programs creating new entitlement programs


Summary:
Protecting America's Solvency Act of 2013 - Increases the public debt limit by $1 billion, effective upon adoption by the Congress of a balanced budget constitutional amendment in accordance with the requirements of this Act. Increases the public debt limit by an additional $1 billion, effective upon ratification of such amendment.

Requires such a balanced budget amendment to provide, among other things, that: (1) total outlays of the United States (except those for repayment of debt principal) for any fiscal year shall not exceed total receipts (except those derived from borrowing) for that fiscal year; (2) this fiscal year deficit prohibition may be suspended by a majority of the membership of both houses of Congress in the event of a congressionally declared war, or by 4/5 of the membership of Congress for any other fiscal year; (3) the President, in specified circumstances, shall have discretion to take necessary steps to ensure total outlays for that fiscal year do not exceed total receipts; (4) any Member of Congress, state governor, or state attorney general shall have standing and a cause of action to seek judicial enforcement of the amendment; and (5) after ratification of the amendment its requirements shall be phased in according to a specified schedule.

protecting_america solvency act increases public debt limit billion effective adoption congress balanced_budget constitutional amendment accordance requirements act increases public debt limit additional billion effective ratification amendment requires balanced_budget amendment provide things total outlays united_states repayment debt principal fiscal year shall exceed total receipts derived borrowing fiscal year fiscal year deficit prohibition suspended majority membership houses congress event congressionally declared war membership congress fiscal year president specified circumstances shall discretion necessary steps ensure total outlays fiscal year exceed total receipts member congress state governor state attorney general shall standing cause action seek judicial enforcement amendment ratification amendment requirements shall phased according specified schedule


Summary:
Budget or Bust Act - Repeals requirements that the President submits annual budgets, including supplemental budget estimates and changes to Congress.

Amends the Congressional Budget Act of 1974 to revise accordingly congressional procedures for considering budget resolutions.

Requires the Secretary of the Treasury to deposit all payments otherwise required to be made for Members of Congress' compensation in an escrow account to be released to the Members only upon the adoption of a budget resolution, if on or before April 1 of any year Congress does not adopt a budget resolution for the fiscal year that begins on October 1 of that year.

budget act repeals requirements president submits annual budgets including supplemental budget estimates changes congress amends congressional_budget_act revise accordingly congressional procedures considering budget resolutions requires secretary treasury deposit payments required members congress compensation escrow account released members adoption budget resolution april year congress adopt budget resolution fiscal year begins october year


Summary:
Reinvesting and Ensuring America's Ability to Lead Act of 2013 - Requires the Director of the Congressional Budget Office (CBO) to: (1) prepare a 10-year long-term cost benefit analysis for each public introduced bill or resolution that determines its impact on American global competitiveness; and (2) devise criteria to evaluate such competitiveness, including the measure's impact on job creation, economic growth, consumption, investments, and savings.

Requires the analysis to evaluate whether the legislation will positively or negatively impact America's economic ability to compete globally compared to member nations of the Group of Twenty, or G-20, which comprise 19 country members and the European Union (EU), accounting for 90% of global gross domestic product (GDP) and 80% of global trade.

reinvesting ensuring america ability lead act requires director congressional_budget_office cbo prepare year long term cost benefit analysis public introduced bill resolution determines impact american global competitiveness devise criteria evaluate competitiveness including measure impact job creation economic growth consumption investments savings requires analysis evaluate legislation positively negatively impact america economic ability compete globally compared member nations group comprise country members european_union accounting global gross domestic product gdp global trade


Summary:
Congressional Pay Adjustment Act - Reduces the annual rate of pay in 2015 for Members of Congress by 20% of the 2013 pay rate. Maintains the pay rate for subsequent pay periods at the 2013 rate.

Prohibits a Member of Congress from receiving a cost-of-living adjustment under the Legislative Reorganization Act of 1946 during any fiscal year (beginning with FY2014) unless the Secretary of the Treasury reports to Congress (beginning with FY2013) that a federal budget deficit did not exist in the previous fiscal year.

congressional pay adjustment act reduces annual rate pay members congress pay rate maintains pay rate subsequent pay periods rate prohibits member congress receiving cost living adjustment legislative reorganization act fiscal year beginning fy2014 secretary treasury reports congress beginning fy2013 federal budget deficit exist previous fiscal year


Summary:
Protecting America's Solvency Act of 2013 - Increases the public debt limit by $1 trillion, effective upon adoption by the Congress of a balanced budget constitutional amendment in accordance with the requirements of this Act. Increases the public debt limit by an additional $1 trillion, effective upon ratification of such amendment.

Requires such a balanced budget amendment to provide, among other things, that: (1) total outlays of the United States (except those for repayment of debt principal) for any fiscal year shall not exceed total receipts (except those derived from borrowing) for that fiscal year; (2) this fiscal year deficit prohibition may be suspended by a majority of the membership of both houses of Congress in the event of a congressionally declared war, or by 4/5 of the membership of Congress for any other fiscal year; (3) the President, in specified circumstances, shall have discretion to take necessary steps to ensure total outlays for that fiscal year do not exceed total receipts; (4) any Member of Congress, state governor, or state attorney general shall have standing and a cause of action to seek judicial enforcement of the amendment; and (5) after ratification of the amendment its requirements shall be phased in according to a specified schedule.

protecting_america solvency act increases public debt limit trillion effective adoption congress balanced_budget constitutional amendment accordance requirements act increases public debt limit additional trillion effective ratification amendment requires balanced_budget amendment provide things total outlays united_states repayment debt principal fiscal year shall exceed total receipts derived borrowing fiscal year fiscal year deficit prohibition suspended majority membership houses congress event congressionally declared war membership congress fiscal year president specified circumstances shall discretion necessary steps ensure total outlays fiscal year exceed total receipts member congress state governor state attorney general shall standing cause action seek judicial enforcement amendment ratification amendment requirements shall phased according specified schedule


Summary:
Require Presidential Leadership and No Deficit Act or Require a PLAN Act - Directs the President, if his budget for FY2014, as submitted to Congress, results in a projected deficit in every fiscal year for which estimates are provided in it, to submit by April 1, 2013, a supplemental unified budget (the total level of outlays, total level of receipts, and the resulting deficit or surplus of the U.S. government for a fiscal year).

Requires a supplemental unified budget to include:

 the information required by law for the President's budget, an estimate of the earliest fiscal year in which the supplemental budget is not projected to result in a deficit, a detailed description of additional policies to be implemented in order to achieve such result (including an evaluation of duplicative agency functions and agency effectiveness, and proposals for consolidating duplicative functions and programs between agencies in the interests of cost-savings), an explanation of the differences between the President's original FY2014 budget and the supplemental unified budget, and an estimate of the cost per taxpayer of the annual deficit for each year in which the supplemental unified budget is projected to result in a deficit. Requires the unified budget to include, under a separate heading entitled "Direct Spending," a category for "Means-Tested Direct Spending and a category for "Nonmeans-Tested Direct Spending" which specify:

 the average rate of growth for each category in the total amount of outlays during the 10-year period preceding the budget year, information on the budget proposals for reform of such programs, a description of programs which shall be considered means-tested direct spending and nonmeans-tested direct spending, and an annual estimate of the total amount of outlays for each such program for the period covered by the budget proposal.

require presidential leadership deficit act require plan act_-_directs president budget fy2014 submitted congress results projected deficit fiscal year estimates provided submit april supplemental unified budget total level outlays total level receipts resulting deficit surplus government fiscal year requires supplemental unified budget include information required law president budget estimate earliest fiscal year supplemental budget projected result deficit detailed description additional policies implemented order achieve result including evaluation duplicative agency functions agency effectiveness proposals consolidating duplicative functions programs agencies interests cost savings explanation differences president original fy2014 budget supplemental unified budget estimate cost taxpayer annual deficit year supplemental unified budget projected result deficit requires unified budget include separate heading entitled direct spending category means tested direct spending category tested direct spending specify average rate growth category total outlays year period preceding budget year information budget proposals reform programs description programs shall considered means tested direct spending tested direct spending annual estimate total outlays program period covered budget proposal


Summary:
Generally Accepted Accounting Principles Act or GAAP Act - Requires the President's budget submission to include an estimate of the deficit or surplus for the fiscal year concerned, prepared using generally accepted accounting principles.

Amends the Congressional Budget Act of 1974 to require the alternative levels of total revenues, total new budget authority, and total outlays (including related surpluses and deficits) covered by the annual Congressional Budget Office (CBO) fiscal policy report to the congressional budget committees on the upcoming fiscal year to be prepared using both cash basis accounting and generally accepted accounting principles.

generally accepted accounting principles act act_-_requires president budget submission include estimate deficit surplus fiscal year concerned prepared generally accepted accounting principles amends congressional_budget_act require alternative levels total revenues total new budget authority total outlays including related surpluses deficits covered annual congressional_budget_office cbo fiscal policy report congressional_budget committees upcoming fiscal year prepared cash basis accounting generally accepted accounting principles


Summary:
Requires any amounts remaining of House Members' Representational Allowances after all payments are made for the year to be deposited in the Treasury and used for deficit reduction or, in fiscal years for which there is no federal budget deficit, to reduce the federal debt.

Requires publication in the Congressional Record, after each session of Congress or other period for which the Members' Representational Allowance is made available, of a statement showing, for such session or period, the amount deposited for each such Member and the total deposited for all Members.

requires amounts remaining house members representational allowances payments year deposited treasury deficit reduction fiscal years federal budget deficit reduce federal debt requires publication congressional_record session congress period members representational allowance available statement showing session period deposited member total deposited members


Summary:
Balancing Act - Title I: Repeal Sequester - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to repeal certain sequestration requirements for enforcement of a specified budget goal.

Title II: Close Tax Loopholes to Achieve Balance - Subtitle A: 28 Percent Limitation on Certain Deductions and Exclusions - Amends the Internal Revenue Code to limit tax deductions and other tax exclusions for taxpayers whose adjusted gross income exceeds $200,000 ($250,000 for married taxpayers filing a joint return). Subtitle B: Tax Carried Interest in Investment Partnerships as Ordinary Income - Amends the Internal Revenue Code to: (1) set forth a special rule for the inclusion in gross income of partnership interests transferred in connection with the performance of services, (2) treat as ordinary income the net capital gain with respect to an investment services partnership interest except to the extent such gain is attributable to a partner's qualified capital interest, (3) exempt income from investment services partnership interests from treatment as qualifying income of a publicly-traded partnership, (4) increase the penalty for underpayments of tax resulting from failure to treat income from an investment services partnership interest as ordinary income, and (5) include income and loss from an investment services partnership interest for purposes of determining net earnings from self-employment and applicable self-employment taxes.

Defines "investment services partnership interest" as any interest in a partnership acquired or held by a person who provides services to a partnership by: (1) advising the partnership about investing in, purchasing, or selling specified assets; (2) managing, acquiring, or disposing of specified assets; or (3) arranging financing with respect to acquiring specified assets.

Subtitle C: Dual Capacity Taxpayers - Denies a foreign tax credit to a person who is subject to a levy of a foreign country or possession of the United States and who directly or indirectly receives an economic benefit from such country or possession (dual capacity taxpayer).

Subtitle D: Close Exclusion of Foreign-Earned Income Loophole - Repeals the tax exclusion for foreign earned income.

Subtitle E: Close S Corporation Loophole - Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to require certain shareholders of a subchapter S corporation engaged as a partner in a professional service business to include income or loss attributable to such business in their net earnings from self-employment for employment tax purposes. Defines a "professional service business" as any trade or business providing services in the fields of health, law, lobbying, engineering, architecture, accounting, actuarial science, performing arts, consulting, athletics, investment advice or management, or brokerage services.

Subtitle F: Limitation on Mortgage Interest Deduction With Respect to Boats - Eliminates the mortgage interest tax deduction for second residences that are boats.

Title III: Ending Corporate Subsidies - Subtitle A: End Fossil Fuel Subsidies - Amends the Internal Revenue Code to: (1) terminate the tax subsidy for fossil-fuel related uses of alternative fuel vehicle refueling property; (2) increase to seven years the amortization period for geological and geophysical expenditures; (3) repeal the tax deduction for income attributable to the mining of any hard mineral and the domestic production of oil, natural gas, or primary products thereof; (4) deny the use of the last-in, first-out (LIFO) inventory accounting method to oil, natural gas, and coal companies; (5) repeal percentage depletion for coal, lignite, and oil shale; (6) repeal capital gains tax treatment for royalties from coal; (7) increase the financing rate for the Oil Spill Liability Trust Fund; (8) deny a tax deduction for expenses for removal costs and damages relating to certain oil spill liability; and (9) impose a tax on the removal price of any taxable crude oil or natural gas from federal submerged lands on the Outer Continental Shelf.

Subtitle B: Ending Excessive Corporate Tax Deductions for Stock Options - Amends the Internal Revenue Code to: (1) limit the employer tax deduction for employee stock options to the value of such options as recorded on the employer's books at the time such options are granted, and (2) apply the $1 million limitation on the employer tax deduction for employee remuneration to stock option compensation.

Subtitle C: Reduce Deduction of Corporate Meals and Entertainment - Reduces from 50% to 25% the tax deduction for business meals and entertainment expenses after 2012.

Title IV: Close International Tax System Loopholes - Subtitle A: Reformation of U.S. International Tax System - Imposes new restrictions on U.S. corporations and other entities with foreign income with respect to: (1) tax deductions allocable to deferred foreign income, (2) the recalculation of foreign income taxes, (3) intangible property transferred overseas, and (4) tax evasion activities by U.S. corporations reincorporating in a foreign country.

Subtitle B: Reinsurance - Amends the Internal Revenue Code to exclude from the taxable income of a life insurance company or other insurance company: (1) any non-taxed reinsurance premium; (2) any additional amount paid by an insurance company with respect to the reinsurance for which such non-taxed reinsurance premium is paid; and (3) any return premium, ceding commission, reinsurance recovered, or other amount received by an insurance company with respect to the reinsurance for which such non-taxed reinsurance premium is paid.

Subtitle C: Close Loophole for Corporate Jet Depreciation - Amends the Internal Revenue Code to classify general aviation aircraft as seven-year property for purposes of the depreciation tax deduction (currently, expenses for aircraft can be deducted or expensed in the current taxable year). Defines "general aviation aircraft" as any airplane or helicopter not used in commercial or contract carrying of passengers or freight, but which primarily engages in the carrying of passengers.

Title V: Close Estate Tax Loopholes - Amends the Internal Revenue Code, with respect to the estate tax, to: (1) set forth valuation rules for certain transfers of nonbusiness assets; (2) limit estate tax discounts for certain individuals with minority interests in a business acquired from a decedent; (3) require that the value of the basis in any property acquired from a decedent or by gift be consistent with the basis as determined for estate and gift tax purposes; (4) require executors of estates and donors of gifts required to file a gift tax return to disclose to the Secretary of the Treasury, and to recipients of any interest in an estate or a gift, information identifying the value of each interest received; (5) expand rules for valuing assets in grantor-retained annuity trusts; and (6) terminate the generation-skipping transfer exemption for certain long-term trusts (perpetual dynasty trusts) 90 years after the establishment of such trusts.

Title VI: Cut Pentagon Waste to Achieve Balance - Subtitle A: Smarter Approach to Nuclear Expenditures - Smarter Approach to Nuclear Expenditures Act - Prohibits using funds appropriated to the Department of Defense (DOD) for FY2014 or thereafter: (1) to arm a B-2 or B-52 aircraft with a nuclear weapon; (2) for the research, development, test, and evaluation (RDT&E) or procurement of a long-range penetrating bomber aircraft; (3) to make the F-35 Joint Strike Fighter aircraft capable of carrying nuclear weapons; or (4) for the B61 or W78 life extension program. Prohibits, beginning in FY2014, the Navy from including more than eight operational ballistic-missile submarines available for deployment. Prohibits the use of DOD funds: (1) for FY2014-FY2024, to procure an SSBN-X submarine; and (2) for FY2025 and thereafter, to procure more than eight such submarines. Prohibits using DOD funds for FY2014 or thereafter: (1) to maintain more than 200 intercontinental ballistic missiles (ICBMs), (2) to maintain more than 250 submarine-launched ballistic missiles, (3) for the RDT&E or procurement of a new ICBM, or (4) for the medium extended air defense system. Prohibits using DOD or Department of Energy (DOE) funds for FY2014 or thereafter for: (1) the mixed oxide fuel fabrication facility project, (2) the chemistry and metallurgy research replacement nuclear facility, and (3) the uranium processing facility at the Y-12 National Security Complex. Directs the President to annually submit to Congress a comprehensive accounting by the Director of the Office of Management and Budget (OMB) of the amounts obligated or expended by the federal government for each nuclear weapon and related nuclear program during the fiscal year covered by the report and the life cycle of such weapon or program. Subtitle B: Limiting Excessive Contractor Compensation - Limits the amount of compensation payable to employees of government contractors to the rate payable for level I of the Executive Schedule.

Subtitle C: Relocate Troops From Europe to the United States - Directs the DOD Secretary to complete the relocation to U.S. military installations of at least 10,000 members of the Armed Forces (members) who are currently assigned to permanent duty ashore in Europe. Prohibits the replacement in Europe of any such personnel. Authorizes a relocation waiver in the event of a declaration of war or an armed attack on any European member-nation of the North Atlantic Treaty Organization (NATO).

Subtitle D: Additional Reduction in Armed Forces End Strength Levels - Requires Army and Marine Corps active-duty end strengths to be reduced during FY2013-FY2017 to achieve a total reduction of 20,000 for the Army and 7,000 for the Marine Corps.

Subtitle E: Procurement of Certain Submarines, Carriers, and Aircraft - Prohibits DOD funds from being obligated or expended for FY2014-FY2024 to procure more than one Virginia class submarine per fiscal year. Prohibits any such obligation for FY2014 or thereafter to procure: (1) the Ford class aircraft carrier designated CVN-80, (2) V-22 Osprey aircraft, (3) 237 F-35C aircraft, (4) more than 240 F/A-18E and F aircraft, and (5) more than 200 F-35B aircraft.

Subtitle F: Limit Military Bands - Prohibits amounts expended for any fiscal year for military musical units from exceeding $200 million.

Subtitle G: Reduction in Number of General and Flag Officers - Prohibits the number of active-duty general or flag officers from exceeding six for each 10,000 active-duty members of that armed force.

Subtitle H: Audit the Pentagon - Requires a 5% reduction in the discretionary budget authority of a federal agency if such agency has not submitted a financial statement by March 1 of the next fiscal year, or if such statement has not received by such date an unqualified or qualified audit opinion by an independent external auditor. Excludes from such reduction accounts for military, reserve, and National Guard personnel and the Defense Health Program account. Authorizes the President to waive such reduction if it would harm national security or members serving in a combat zone.

Requires a report to Congress listing required DOD reports that would no longer be necessary if the financial statements of DOD were audited with an unqualified opinion or that interfere with DOD's capacity to achieve an audit of its financial statements with an unqualified opinion.

 Expresses the sense of Congress that: (1) congressional defense committees and DOD should not endanger the nation's troops by reducing wounded warrior accounts or vital protection for members in harm's way, (2) the valuation of legacy assets by DOD should be simplified without compromising essential controls or generally accepted government auditing standards, and (3) this Act should not be construed to require or permit the declassification of accounting details about classified defense programs and DOD should ensure financial accountability in such programs.

Title VII: Invest in Job Creation - Subtitle A: Making Work Pay Extension - Amends the Internal Revenue Code to reinstate for taxable years beginning in 2013 the making work pay tax credit for the lesser of 6.2% of taxpayer earned income or $400 ($800 for married couples filing a joint tax return). Subtitle B: Support for Teachers and School Modernization - Directs the Secretary of Education to allocate grants to states and, through them, subgrants to local educational agencies (LEAs) for the costs of retaining, recalling, rehiring, or hiring employees to provide early childhood, elementary, or secondary education and related services. Allows states to reserve up to 10% of their grant for awards, for the same purposes, to state-funded early learning programs. Requires LEAs and state-funded early learning programs to obligate such funds by the close of FY2014. Prohibits the use of such grants to supplant state funding for education. Directs the Secretary of Education to allocate grants to states and, through them, subgrants to LEAs to modernize, renovate, or repair early learning or elementary or secondary education facilities. Requires the Secretary of Education to allocate grants directly to the 100 LEAs with the largest numbers of children aged 5-17 living in poverty to modernize, renovate, or repair such facilities. Requires allocation of such funds among these LEAs in proportion to each LEA's respective share of school improvement funds under part A of title I of the Elementary and Secondary Education Act of 1965.

Requires states to give subgrant priority to projects that comply with certain green building standards. Prohibits the use of such grants for new construction, routine maintenance costs, or on facilities used for events for which the public is charged admission. Allows private, nonprofit elementary or secondary schools with a rate of child poverty of at least 40% to participate in the program on a limited basis.

Reserves funds for a survey, by the National Center for Education Statistics, of nationwide public school construction, modernization, renovation, and repair needs.

Directs the Secretary of Education to allocate grants to states to modernize, renovate, or repair existing facilities at community colleges. Prohibits the use of such grants: (1) for routine maintenance costs, (2) on facilities used for events for which the public is charged admission, or (3) on facilities which are used for sectarian purposes. Requires states, in providing assistance to community college projects, to consider the extent to which the project complies with certain green building standards.

Limits the amount of time states and LEAs have to obligate this Act's grants and subgrants.

Requires, with certain exceptions, the iron, steel, and manufactured goods used in projects funded by this title to be domestic.

Subtitle C: Transportation Infrastructure Investments - Makes specified funds available to the Secretary of Transportation (DOT) for: (1) grants-in-aid for airport planning and development and noise compatibility planning projects under the airport improvement program (AIP); (2) Federal Aviation Administration (FAA) Next Generation (NextGen) air traffic control system advancements; (3) highway and bridge restoration, repair, and construction projects and for passenger and freight rail transportation and port infrastructure projects; (4) grants for high-speed rail projects, capital investment grants for intercity passenger rail service, and grants to reduce congestion on intercity rail passenger transportation; (5) capital grants to the National Railroad Passenger Corporation (Amtrak); (6) transit capital assistance grants; (7) capital projects for existing fixed guideway system modernization, replacement and repair of buses and bus-related equipment, and construction of bus-related facilities; and (8) discretionary capital investment grants for surface transportation infrastructure. Authorizes the DOT Secretary to establish standards under which contracts for construction projects contain requirements for the local hiring of individuals to perform construction work under such contracts.

Requires projects to comply with Buy American requirements.

Building and Upgrading Infrastructure for Long-Term Development - Establishes the American Infrastructure Financing Authority (AIFA) as a wholly-owned government corporation to make direct loans and loan guarantees to facilitate transportation, water, or energy infrastructure projects. Requires infrastructure projects assisted under this Act to have costs that are reasonably anticipated to equal or exceed $100 million ($25 million for rural infrastructure projects).

Sets forth special requirements for infrastructure projects in rural areas. Requires the AIFA Chief Lending Officer to establish: (1) an Office of Rural Assistance to provide technical assistance in the development and financing of rural infrastructure projects, and (2) a Center for Excellence to provide such assistance to public sector borrowers for the same purpose.

 Establishes an Office of Special Inspector General to audit and investigate the business activities of AIFA.

Makes private projects for which no public benefit is created ineligible for financial assistance. Sets forth terms for loans or loan guarantees for infrastructure projects.

Requires the Chief Executive Officer of AIFA to establish and collect fees sufficient to cover AIFA administrative costs.

Amends the Internal Revenue Code to extend through 2013 the exemption from the alternative minimum tax (AMT) for certain tax-exempt private activity bonds.

balancing act title repeal sequester amends balanced_budget emergency deficit control act gramm rudman hollings act amended budget_control_act repeal certain sequestration requirements enforcement specified budget goal title close tax loopholes achieve balance subtitle percent limitation certain deductions exclusions amends_the_internal_revenue_code limit tax deductions tax exclusions taxpayers adjusted gross income exceeds married taxpayers filing joint return subtitle tax carried interest investment partnerships ordinary income amends_the_internal_revenue_code set forth special rule inclusion gross income partnership interests transferred connection performance services treat ordinary income net capital gain respect investment services partnership interest extent gain attributable partner qualified capital interest exempt income investment services partnership interests treatment qualifying income publicly traded partnership increase penalty underpayments tax resulting failure treat income investment services partnership interest ordinary income include income loss investment services partnership interest purposes determining net earnings self employment applicable self employment taxes defines investment services partnership interest interest partnership acquired held person provides services partnership advising partnership investing purchasing selling specified assets managing acquiring disposing specified assets arranging financing respect acquiring specified assets subtitle dual capacity taxpayers denies foreign tax credit person subject levy foreign country possession united_states directly indirectly receives economic benefit country possession dual capacity taxpayer subtitle close exclusion foreign earned income loophole repeals tax exclusion foreign earned income subtitle close corporation loophole amends_the_internal_revenue_code title old age survivors disability_insurance social_security_act require certain shareholders subchapter corporation engaged partner professional service business include income loss attributable business net earnings self employment employment tax purposes defines professional service business trade business providing services fields health law lobbying engineering architecture accounting actuarial science performing arts consulting athletics investment advice management brokerage services subtitle limitation mortgage interest deduction respect boats eliminates mortgage interest tax deduction second residences boats title iii ending corporate subsidies subtitle end fossil fuel subsidies amends_the_internal_revenue_code terminate tax subsidy fossil fuel related uses alternative fuel vehicle refueling property increase seven years amortization period geological geophysical expenditures repeal tax deduction income attributable mining hard mineral domestic production oil natural gas primary products thereof deny use lifo inventory accounting method oil natural gas coal companies repeal percentage depletion coal lignite oil_shale repeal capital gains tax treatment royalties coal increase financing rate oil_spill_liability_trust_fund deny tax deduction expenses removal costs damages relating certain oil spill liability impose tax removal price taxable crude oil natural gas federal submerged lands outer_continental_shelf subtitle ending excessive corporate tax deductions stock options amends_the_internal_revenue_code limit employer tax deduction employee stock options value options recorded employer books time options granted apply million limitation employer tax deduction employee remuneration stock option compensation subtitle reduce deduction corporate meals entertainment reduces tax deduction business meals entertainment expenses title close international tax system loopholes subtitle international tax system imposes new restrictions corporations entities foreign income respect tax deductions allocable deferred foreign income recalculation foreign income taxes intangible property transferred overseas tax evasion activities corporations foreign country subtitle reinsurance amends_the_internal_revenue_code exclude taxable income life insurance company insurance company non taxed reinsurance premium additional paid insurance company respect reinsurance non taxed reinsurance premium paid return premium ceding commission reinsurance recovered received insurance company respect reinsurance non taxed reinsurance premium paid subtitle close loophole corporate jet depreciation amends_the_internal_revenue_code classify general aviation aircraft seven year property purposes depreciation tax deduction currently expenses aircraft deducted current taxable year defines general aviation aircraft airplane helicopter commercial contract carrying passengers freight primarily engages carrying passengers title close estate tax loopholes amends_the_internal_revenue_code respect estate tax set forth valuation rules certain transfers nonbusiness assets limit estate tax discounts certain individuals minority interests business acquired decedent require value basis property acquired decedent gift consistent basis determined estate gift tax purposes require executors estates donors gifts required file gift tax return disclose secretary treasury recipients interest estate gift information identifying value interest received expand rules valuing assets grantor retained annuity trusts terminate generation skipping transfer exemption certain long term trusts perpetual trusts years establishment trusts title cut pentagon waste achieve balance subtitle smarter approach nuclear expenditures smarter approach nuclear expenditures act prohibits funds appropriated department_of_defense dod fy2014 arm aircraft nuclear weapon research development test evaluation procurement long range penetrating bomber aircraft f-35 joint strike fighter aircraft capable carrying nuclear weapons life extension program prohibits beginning fy2014 navy including operational ballistic missile submarines available deployment prohibits use dod funds fy2014 fy2024 procure submarine fy2025 procure submarines prohibits dod funds fy2014 maintain intercontinental ballistic missiles maintain submarine launched ballistic missiles procurement new medium extended air defense system prohibits dod department_of_energy doe funds fy2014 mixed oxide fuel fabrication facility project chemistry research replacement nuclear facility uranium processing facility national security complex directs president annually submit congress comprehensive accounting director office_of_management_and_budget omb amounts obligated expended federal_government nuclear weapon related nuclear program fiscal year covered report life cycle weapon program subtitle limiting excessive contractor compensation limits compensation payable employees government contractors rate payable level executive schedule subtitle relocate troops europe united_states directs dod secretary complete relocation military installations members armed_forces members currently assigned permanent duty europe prohibits replacement europe personnel authorizes relocation waiver event declaration war armed attack european member nation north_atlantic_treaty_organization nato subtitle additional reduction armed_forces end strength levels requires army marine_corps active duty end strengths reduced fy2013 fy2017 achieve total reduction army marine_corps subtitle procurement certain submarines carriers aircraft prohibits dod funds obligated expended fy2014 fy2024 procure virginia class submarine fiscal year prohibits obligation fy2014 procure class aircraft carrier designated aircraft aircraft aircraft aircraft subtitle limit military bands prohibits amounts expended fiscal year military musical units exceeding million subtitle reduction number general flag officers prohibits number active duty general flag officers exceeding active duty members armed force subtitle audit pentagon requires reduction discretionary budget authority federal agency agency submitted financial statement march fiscal year statement received date unqualified qualified audit opinion independent external auditor excludes reduction accounts military reserve national_guard personnel defense_health_program account authorizes president waive reduction harm national security members serving combat zone requires report congress listing required dod reports longer necessary financial statements dod audited unqualified opinion interfere dod capacity achieve audit financial statements unqualified opinion expresses sense congress congressional defense committees dod endanger nation troops reducing wounded warrior accounts vital protection members harm way valuation legacy assets dod simplified compromising essential controls generally accepted government auditing standards act construed require permit declassification accounting details classified defense programs dod ensure financial accountability programs title vii invest job creation subtitle making work pay extension amends_the_internal_revenue_code reinstate taxable years beginning making work pay tax credit lesser taxpayer earned income married couples filing joint tax return subtitle support teachers school modernization directs secretary education allocate grants states subgrants local educational agencies leas costs retaining rehiring hiring employees provide early childhood elementary secondary education related services allows states reserve grant awards purposes state funded early learning programs requires leas state funded early learning programs obligate funds close fy2014 prohibits use grants supplant state funding education directs secretary education allocate grants states subgrants leas modernize renovate repair early learning elementary secondary education facilities requires secretary education allocate grants directly leas largest numbers children aged living poverty modernize renovate repair facilities requires allocation funds leas proportion lea respective share school improvement funds title elementary secondary education act requires states subgrant priority projects comply certain green building standards prohibits use grants new construction routine maintenance costs facilities events public charged admission allows private nonprofit elementary secondary schools rate child poverty participate program limited basis reserves funds survey national_center_for_education_statistics nationwide public school construction modernization renovation repair needs directs secretary education allocate grants states modernize renovate repair existing facilities community colleges prohibits use grants routine maintenance costs facilities events public charged admission facilities sectarian purposes requires states providing assistance community college projects consider extent project complies certain green building standards limits time states leas obligate act grants subgrants requires certain exceptions iron steel manufactured goods projects funded title domestic subtitle transportation infrastructure investments makes specified funds available secretary transportation dot grants aid airport planning development noise compatibility planning projects airport improvement program aip federal_aviation_administration faa generation nextgen air traffic control system advancements highway bridge restoration repair construction projects passenger freight rail transportation port infrastructure projects grants high speed rail projects capital investment grants intercity passenger rail service grants reduce congestion intercity rail passenger transportation capital grants national_railroad_passenger_corporation amtrak transit capital assistance grants capital projects existing fixed guideway system modernization replacement repair buses bus related equipment construction bus related facilities discretionary capital investment grants surface_transportation infrastructure authorizes dot secretary establish standards contracts construction projects contain requirements local hiring individuals perform construction work contracts requires projects comply buy american requirements building upgrading infrastructure long term development establishes american infrastructure financing authority wholly owned government corporation direct_loans loan guarantees facilitate transportation water energy infrastructure projects requires infrastructure projects assisted act costs reasonably anticipated equal exceed million million rural infrastructure projects sets forth special requirements infrastructure projects rural areas requires chief lending officer establish office rural assistance provide technical assistance development financing rural infrastructure projects center excellence provide assistance public sector borrowers purpose establishes office special inspector_general audit investigate business activities makes private projects public benefit created ineligible financial assistance sets forth terms loans loan guarantees infrastructure projects requires chief executive officer establish collect fees sufficient cover administrative costs amends_the_internal_revenue_code extend exemption alternative minimum tax amt certain tax exempt private activity bonds


Summary:
Balanced Budget Accountability Act - Requires each house of Congress to adopt a concurrent budget resolution for a fiscal year which provides that, for each fiscal year for which a budget is provided under the resolution (beginning by FY2023), total outlays do not exceed total receipts.

Requires the Director of the Congressional Budget Office (CBO), upon the adoption by a chamber of a concurrent budget resolution for a fiscal year, to transmit to the Speaker of the House of Representatives or the President pro Tempore of the Senate (as the case may be) a certification as to whether or not that chamber has met the requirements of this Act with respect to the resolution.

Requires the appropriate payroll administrator of each chamber to deposit in an escrow account all mandatory payments for compensation of Members of Congress serving in that chamber if CBO does not certify that it has adopted a concurrent budget resolution for FY2015 before April 16, 2014.

Requires deposits to begin on such date and to be released to appropriate Members on the earlier of:

 the day on which CBO certifies that the house of Congress has met the requirements of this Act with respect to FY2015, or the last day of the 113th Congress.

balanced_budget accountability act_-_requires house congress adopt concurrent budget resolution fiscal year provides fiscal year budget provided resolution beginning fy2023 total outlays exceed total receipts requires director congressional_budget_office cbo adoption chamber concurrent budget resolution fiscal year transmit speaker house_of_representatives president pro tempore senate case certification chamber met requirements act respect resolution requires appropriate payroll administrator chamber deposit escrow account mandatory payments compensation members congress serving chamber cbo certify adopted concurrent budget resolution fy2015 april requires deposits begin date released appropriate members earlier day cbo certifies house congress met requirements act respect fy2015 day congress


Summary:
Prioritize Emergency Job Creation Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require that, if for FY2013-FY2021 appropriations for discretionary accounts are enacted that Congress and the President designate as being for emergency job creation, the adjustment to discretionary spending limits for a fiscal year shall be the total of such appropriations in discretionary accounts designated for emergency job creation.

Requires the Office of Management and Budget (OMB), in calculating the amount of the deficit reduction required for FY2013-FY2021 to enforce a specified budget goal under the Gramm-Rudman-Hollings Act, to further reduce the amount calculated for FY2013 by such appropriations for emergency job creation.

prioritize emergency job creation act_-_amends balanced_budget emergency deficit control act gramm rudman hollings act require fy2013 fy2021 appropriations discretionary accounts enacted congress president designate emergency job creation adjustment discretionary spending limits fiscal year shall total appropriations discretionary accounts designated emergency job creation requires office_of_management_and_budget omb calculating deficit reduction required fy2013 fy2021 enforce specified budget goal gramm rudman hollings act reduce calculated fy2013 appropriations emergency job creation


Summary:
Down Payment to Protect National Security Act of 2013 - Expresses the sense of Congress that: (1) full sequestration must be averted, (2) balanced deficit reduction must include substantive reductions in mandatory spending, and (3) any plan to avert sequestration and provide time for political negotiations on a balanced deficit reduction package must use additional savings that do not increase the risk to military personnel or degrade the capabilities of the Armed Forces by reshaping the federal civilian workforce without furloughs.

Requires the Director of the Office of Management and Budget (OMB) to determine the number of full-time employees employed in each federal agency. Prohibits a federal agency head from hiring more than 1 employee for every 3 full-time employees who leave employment in such agency until the OMB Director makes a determination that the number of full-time federal employees is 10% less than the initial level as determined by OMB. Allows a waiver of such workforce limitation by the President for national security reasons or in the case of an extraordinary emergency.

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to offset mandatory sequestration in security and nonsecurity categories with revenues resulting from reductions in the federal workforce and the pay freeze under this Act.

Authorizes the Secretary of Defense (DOD) to transfer amounts appropriated for DOD by the Continuing Appropriations Resolution (P.L. 112-175) among accounts of DOD.

Prohibits a cost-of-living adjustment to the pay of Members of Congress in any year in which there is a budget deficit.

payment protect national security act expresses sense congress sequestration balanced deficit reduction include substantive reductions mandatory spending plan avert sequestration provide time political negotiations balanced deficit reduction package use additional savings increase risk military personnel degrade capabilities armed_forces federal civilian workforce requires director office_of_management_and_budget omb determine number time employees employed federal agency prohibits federal agency head hiring employee time employees leave employment agency omb director makes determination number time federal employees initial level determined omb allows waiver workforce limitation president national security reasons case extraordinary emergency amends balanced_budget emergency deficit control act gramm rudman hollings act amended budget_control_act offset mandatory sequestration security nonsecurity categories revenues resulting reductions federal workforce pay freeze act authorizes secretary defense dod transfer amounts appropriated dod continuing_appropriations_resolution accounts dod prohibits cost living adjustment pay members congress year budget deficit


Summary:
Delays until January 1, 2016, the effective date of any provisions of the Patient Protection and Affordable Care Act or of any health care provisions of the Health Care and Education Reconciliation Act of 2011 that were scheduled to take effect in 2014 or 2015.

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to postpone until FY2014 the automatic reductions to eliminate the excess budget deficit (sequestration). Prohibits the President from issuing an order to carry out any sequestration that the Director of the Office of Management and Budget estimates is required for FY2013.

delays january effective date provisions patient_protection affordable care act health_care provisions health_care_and_education reconciliation act scheduled effect amends balanced_budget emergency deficit control act gramm rudman hollings act postpone fy2014 automatic reductions eliminate excess budget deficit sequestration prohibits president issuing order carry sequestration director office_of_management_and_budget estimates required fy2013


Summary:
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Requires the President's annual buget submission to Congress to provide an estimate of the pro rata cost to individuals who file an income tax return of any projected deficit for the fiscal year.

measure amended introduced summary version repeated requires president annual submission congress provide estimate pro rata cost individuals file income tax return projected deficit fiscal year


Summary:
Stop the Sequester Job Loss Now Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to repeal the FY2013 sequester and reduce the FY2014 sequester.

Eliminates the 2% maximum permissible reduction in budget authority for veterans' medical care.

Extends through FY2014 agricultural commodity programs generally under the Food, Conservation, and Energy Act of 2008, but not the direct payment programs for wheat, corn, grain sorghum, barley, oats, upland cotton, long and medium grain rice, soybeans, other oilseeds, and peanuts.

Amends the Internal Revenue Code, with respect to deductions from income, to set a special rule that a major integrated oil company's domestic production gross receipts shall not include any gross receipts from the production, refining, processing, transportation, or distribution of oil, natural gas, or any of their primary products.

Prohibits a major integrated oil company from using the last-in, first-out (LIFO) accounting method in inventorying goods.

Prescribes a special rule to limit the foreign tax credit and tax deferrals for amounts paid or accrued by a major integrated oil company that is a dual capacity taxpayer (a person subject to a levy of a foreign country or U.S. possession and receives, or will receive, directly or indirectly a specific economic benefit from such county or possession).

Requires an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum (fair share) tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year.

Declares that it is the sense of the House that Congress should replace the entire 10-year sequester established by the Budget Control Act of 2011 with a balanced approach that would: (1) increase revenues without increasing the tax burden on middle-income Americans; and (2) decrease long-term spending while maintaining the Medicare guarantee, protecting Social Security and a strong social safety net, and making strategic investments in education, science, research, and critical infrastructure necessary to compete in the global economy.

stop sequester job loss act_-_amends balanced_budget emergency deficit control act gramm rudman hollings act repeal fy2013 sequester reduce fy2014 sequester eliminates maximum permissible reduction budget authority veterans medical care extends fy2014 agricultural commodity programs generally food conservation energy act direct payment programs wheat corn grain sorghum upland cotton long medium grain peanuts amends_the_internal_revenue_code respect deductions income set special rule major integrated oil company domestic production gross receipts shall include gross receipts production refining processing transportation distribution oil natural gas primary products prohibits major integrated oil company lifo accounting method inventorying goods prescribes special rule limit foreign tax credit tax deferrals amounts paid accrued major integrated oil company dual capacity taxpayer person subject levy foreign country possession receives receive directly indirectly specific economic benefit county possession requires individual taxpayer adjusted gross income exceeds million pay minimum fair share tax rate excess taxpayer adjusted gross income taxpayer modified charitable contribution deduction taxable year declares sense house congress replace entire year sequester established budget_control_act balanced approach increase revenues increasing tax burden middle income americans decrease long term spending maintaining medicare guarantee protecting social_security strong social safety net making strategic investments education science research critical infrastructure necessary compete global economy


Summary:
Medical Research Protection Act of 2013 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt the National Institutes of Health (NIH) from any sequestration ordered by the President for FY2013.

Directs the Office of Management and Budget (OMB) for FY2013 to lower the amount calculated for a sequestration by the amount for which NIH would have been reduced if it were not exempt from sequestration.

medical research protection act amends balanced_budget emergency deficit control act gramm rudman hollings act exempt national_institutes_of_health nih sequestration ordered president fy2013 directs office_of_management_and_budget omb fy2013 lower calculated sequestration nih reduced exempt sequestration


Summary: Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) and the American Taxpayer Relief Act of 2012 to: (1) lower the $1.2 trillion total deficit reduction goal for each of FY2013-FY2021 to $600 billion, (2) lower the FY2013 deficit reduction goal from $24 billion to $12 billion, and (3) eliminate the Department of Defense (DOD) function reduction entirely.

amends balanced_budget emergency deficit control act gramm rudman hollings act american taxpayer relief_act lower trillion total deficit reduction goal fy2013 fy2021 billion lower fy2013 deficit reduction goal billion billion eliminate department_of_defense dod function reduction entirely


Summary:
Smarter Than Sequester Defense Spending Reduction Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to nullify the presidential sequestration order issued for the revised security category (discretionary appropriations in budget function 050) for FY2013-FY2021 to enforce a specified budget goal.

Requires the Department of Defense (DOD) to formulate and implement a plan with specified actions to reduce spending by specified minimum amounts over the 10-year period beginning upon enactment of this Act.

smarter sequester defense spending reduction act_-_amends balanced_budget emergency deficit control act gramm rudman hollings act presidential sequestration order issued revised security category discretionary appropriations budget function fy2013 fy2021 enforce specified budget goal requires department_of_defense dod formulate implement plan specified actions reduce spending specified minimum amounts year period beginning enactment act


Summary:
Full Faith and Credit Act - Requires the Secretary of the Treasury, in addition to any other authority provided by law, to issue obligations to pay with legal tender, and solely for the purpose of paying, the principal and interest on U.S. obligations held by the public, or held by the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund, in the event that the federal debt reaches the statutory limit after enactment of this Act.

Prohibits: (1) the use of the issued obligations to pay compensation for Members of Congress, and (2) these obligations from being taken into account in applying the current $16.394 trillion public debt limit to the extent that they would otherwise cause such limit to be exceeded.

Requires the Secretary, if such authority is exercised after enactment of this Act, to report to specified congressional committees each week the authority is in use and provide an accounting of: (1) the principal on mature obligations and interest due or accrued by the United States, and (2) any obligations issued pursuant to this Act.

faith credit act_-_requires secretary treasury addition authority provided law issue obligations pay legal tender solely purpose paying principal interest obligations held public held old age survivors insurance trust_fund disability_insurance trust_fund event federal debt reaches statutory limit enactment act prohibits use issued obligations pay compensation members congress obligations taken account applying current trillion public debt limit extent cause limit exceeded requires secretary authority exercised enactment act report specified congressional committees week authority use provide accounting principal mature obligations interest accrued united_states obligations issued pursuant act


Summary:
Never Forget 9/11 Heroes Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to add the September 11th Victim Compensation Fund and the World Trade Center Health Program Fund to the list of programs exempt from any presidential sequestration order.

Requires the President, if the amendment made by this Act takes effect after the final sequester order for FY2014 is issued, to revise the order to account for the amendment and issue a new order.

heroes act_-_amends balanced_budget emergency deficit control act gramm rudman hollings act add september 11th victim compensation fund world_trade_center health program fund list programs exempt presidential sequestration order requires president amendment act takes effect final sequester order fy2014 issued revise order account amendment issue new order


Summary: Sequestration Flexibility Act of 2013 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to authorize the head of any federal department or agency to transfer amounts within that department or agency for FY2013 or for FY2014 in order to lessen the effect of a presidential sequestration order for that fiscal year on such entity's program, project, or activity. Prohibits such transfer from causing any account to be at a higher level than it was before such sequestration.

sequestration flexibility act amends balanced_budget emergency deficit control act gramm rudman hollings act authorize head federal department agency transfer amounts department agency fy2013 fy2014 order lessen effect presidential sequestration order fiscal year entity program project activity prohibits transfer causing account higher level sequestration


Summary:
Sequestration Relief Act of 2013 - Amends the Balanced Budget and Emergency Deficit Controlled Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to repeal automatic sequestration to enforce a specified budget goal.

Reduces the discretionary spending limits for security and nonsecurity categories by $320 billion for FY2014-FY2021.

Confines the current meaning of "security category" under the Gramm-Rudman-Hollings Act to FY2012-FY2013.

Revises the definition of "security category" for FY2014-FY2021 to mean discretionary appropriations in all of budget function 050 (national defense).

Amends the No Budget, No Pay Act of 2013 to suspend through January 31, 2017, the current $16.394 trillion public debt limit.

Postpones until February 1, 2017, an automatic increase in the public debt limit to the extent that: (1) the face amount of obligations issued and the face amount of obligations whose principal and interest are guaranteed by the federal government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on February 1, 2017, exceeds (2) the face amount of such obligations outstanding on the date of enactment of the No Budget, No Pay Act of 2013 (February 24, 2013). Prohibits an obligation from being taken into account unless its issuance was necessary to fund a commitment incurred by the federal government that required payment before February 1, 2017.

sequestration relief_act amends balanced_budget emergency deficit controlled act gramm rudman hollings act amended budget_control_act repeal automatic sequestration enforce specified budget goal reduces discretionary spending limits security nonsecurity categories billion fy2014 fy2021 current meaning security category gramm rudman hollings act fy2012 fy2013 revises definition security category fy2014 fy2021 mean discretionary appropriations budget function national defense amends budget pay act suspend january current trillion public debt limit postpones february automatic increase public debt limit extent face obligations issued face obligations principal interest guaranteed federal_government guaranteed obligations held secretary treasury outstanding february exceeds face obligations outstanding date enactment budget pay act february prohibits obligation taken account issuance necessary fund commitment incurred federal_government required payment february


Summary:
Protect Troops at War Act of 2013 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate for FY2013-FY2014 the reductions to discretionary appropriations or direct spending for the defense function of the Department of Defense (DOD). Requires the reductions that would otherwise have occurred to be added to and distributed equally among the sequestration for such function for FY2015-FY2021.

Authorizes the Secretary of Defense to transfer amounts appropriated for DOD by the Continuing Appropriations Resolution among DOD accounts. Requires account amounts, after such transfer, to be consistent with amounts appropriated or authorized for such accounts under a DOD appropriations or authorization Act for FY2013. Requires 15 days' advance notice of such transfers to the congressional defense and appropriations committees.

protect troops war act amends balanced_budget emergency deficit control act eliminate fy2013 fy2014 reductions discretionary appropriations direct spending defense function department_of_defense dod requires reductions occurred added distributed equally sequestration function fy2015 fy2021 authorizes secretary defense transfer amounts appropriated dod continuing_appropriations_resolution dod accounts requires account amounts transfer consistent amounts appropriated authorized accounts dod appropriations authorization act fy2013 requires days advance notice transfers congressional defense appropriations committees


Summary:
Biennial Budgeting and Appropriations Act - Amends the Congressional Budget Act of 1974 to require: (1) biennial (currently annual) budget resolutions, (2) biennial appropriations Acts, and (3) biennial government strategic and performance plans.

Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year.

Requires the Director of the Office of Management and Budget (OMB) to: (1) determine the impact and feasibility of changing the definition of a fiscal year and the budget process based on that definition to a two-year fiscal period with a biennial budget process based on such period, and (2) report the findings to the House and Senate Budget Committees.

biennial budgeting appropriations act_-_amends congressional_budget_act require biennial currently annual budget resolutions biennial appropriations acts biennial government strategic performance plans defines budget consecutive fiscal years beginning october odd numbered year requires director office_of_management_and_budget omb determine impact feasibility changing definition fiscal year budget process based definition year fiscal period biennial budget process based period report findings house senate_budget_committees


Summary: Cancel the Sequester Act of 2013 - Amends the Balanced Budget and Emergency Deficit Controlled Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to repeal certain sequestration requirements for enforcement of a specified budget goal.

cancel sequester act amends balanced_budget emergency deficit controlled act gramm rudman hollings act amended budget_control_act repeal certain sequestration requirements enforcement specified budget goal


Summary: Protecting America's Civilian Employees Act or PACE Act - Requires the Director of the Office of Management and Budget (OMB) to report to Congress, within 30 days after enactment of this Act, on how amounts could be transferred within federal agencies and departments for FY2013 to avoid all furloughs or reductions in force without increasing the federal deficit for that fiscal year.

protecting_america civilian employees act pace act_-_requires director office_of_management_and_budget omb report congress days enactment act amounts transferred federal agencies departments fy2013 avoid reductions force increasing federal deficit fiscal year


Summary: Discretionary Spending Reduction Act - Makes 1% across-the-board rescissions in discretionary spending for FY2013-FY2014.

discretionary spending reduction act makes board rescissions discretionary spending fy2013 fy2014


Summary: Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to include military technicians (dual status) in military personnel accounts for purposes of any sequestration order issued by the President after January 1, 2013.

amends balanced_budget emergency deficit control act gramm rudman hollings act include military technicians dual status military personnel accounts purposes sequestration order issued president january


Summary: Government Shutdown Prevention Act - Makes specified provisional (automatic) continuing appropriations in the event that any regular appropriation bill for a fiscal year is not enacted before the beginning of such fiscal year, or a joint resolution making continuing appropriations is not in effect. (Thus prevents a federal government shutdown.)

government shutdown prevention act makes specified provisional automatic continuing appropriations event regular appropriation bill fiscal year enacted beginning fiscal year joint resolution making continuing appropriations effect prevents federal_government shutdown


Summary:
District of Columbia Local Funds Continuation Act - Amends the District of Columbia Home Rule Act to appropriate, out of any moneys of the District of Columbia government not otherwise appropriated, and out of applicable corporate or other revenues, receipts, and funds, the amount provided for any project or activity for which funds are provided in the local budget act for such fiscal year, if the regular District of Columbia appropriation bill for a fiscal year does not become law before the beginning of such fiscal year.

Declares that an appropriation and funds made available or authority granted for a project or activity for a fiscal year under this Act shall be at the rate of operations provided for it under the local budget act for the fiscal year.

Makes such an appropriation and funds available for the period: (1) beginning with the first day of the fiscal year, and (2) ending with the enactment of the regular District of Columbia appropriation bill for such fiscal year.

Specifies restrictions on programs or activities subject to other appropriations Acts.

States that nothing in this Act shall be construed to effect obligations of the District government mandated by other law.

district_of_columbia local funds continuation act_-_amends district_of_columbia home rule act appropriate moneys district_of_columbia government appropriated applicable corporate revenues receipts funds provided project activity funds provided local budget act fiscal year regular district_of_columbia appropriation bill fiscal year law beginning fiscal year declares appropriation funds available authority granted project activity fiscal year act shall rate operations provided local budget act fiscal year makes appropriation funds available period beginning day fiscal year ending enactment regular district_of_columbia appropriation bill fiscal year specifies restrictions programs activities subject appropriations acts states act shall construed effect obligations district government mandated law


Summary:
One Percent Spending Reduction Act of 2013 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish the aggregate projected outlay (outlay cap) (less net interest payments) for FY2014 at the FY2013 outlay cap (as estimated by the Congressional Budget Office [CBO] before March 2013), less 1%.

Reduces each outlay cap for FY2015-FY2018 by 1% of the previous fiscal year's outlay cap (as estimated by CBO before March of such fiscal year).

Requires the outlay cap for FY2019 and each subsequent fiscal year to be 18% of the CBO-estimated gross domestic product (GDP) for that calendar year.

Amends the Congressional Budget Act of 1974 to make it out of order in both chambers to consider any bill, joint resolution, amendment, or conference report that includes any provision that would cause the most recently reported, current outlay cap to be exceeded. Prescribes procedures for waiver or suspension of this rule.

percent spending reduction act amends balanced_budget emergency deficit control act gramm rudman hollings act establish aggregate projected cap net interest payments fy2014 fy2013 cap estimated congressional_budget_office cbo march reduces cap fy2015 fy2018 previous fiscal year cap estimated cbo march fiscal year requires cap fy2019 subsequent fiscal year cbo estimated gross domestic product gdp calendar year amends congressional_budget_act order chambers consider bill joint resolution amendment conference report includes provision cause recently reported current cap exceeded prescribes procedures waiver suspension rule


Summary: Transparency on Prioritizing Spending Act - Requires the President, within 30 days after enactment of this Act, to report to Congress a list, in descending order of prioritization, of which federal obligations will be paid in the event that the U.S. public debt reaches the $16.394 trillion limit.

transparency prioritizing spending act_-_requires president days enactment act report congress list descending order prioritization federal obligations paid event public debt reaches trillion limit


Summary:
Honest Budget Act of 2013 - Amends procedures in the Congressional Budget Act of 1974 that make it out of order in the Senate to consider appropriations legislation until the Senate agrees to a concurrent resolution on the budget. Permits waivers or suspension of such requirements, or successful appeals from a ruling of the Chair, by an affirmative vote of three-fifths (60) of the Senate.

Makes it out of order in either chamber to consider certain bills, joint resolutions, or conference reports that designate as: (1) an emergency requirement any provision that creates discretionary or direct spending or decreases revenues, or (2) being for disaster relief. Requires an affirmative vote of three-fifths of the Members to successfully appeal a ruling of the Chair on a point of order against such a measure.

Establishes a procedure for emergency designations by amendment.

Makes it out of order in the House of Representatives to consider a rule or order that waives the application of such prohibitions against consideration of such measures or amendments.

Amends the Federal Credit Reform Act of 1990 (FCRA) to revise the budgetary treatment of federal direct loans and loan guarantees to account for them on a fair value basis (currently, a FCRA accrual basis).

Expands such new budgetary treatment to financial investments beginning in FY2017. Defines "financial investment" as a federal government investment in any securities (debt or equity) or futures, swaps, or other derivatives, issued by a non-federal entity, regardless of whether the issuances are federally guaranteed, or issued by a federal entity if the issuance consists of marketable securities.

Requires the President's budget: (1) from FY1992 on to reflect the Treasury discounting component of direct loan and loan guarantee programs; and (2) from FY2017 on to reflect the costs of direct loan, loan guarantee, and financial investment programs.

Defines "Treasury discounting component" as the estimated long-term cost to the federal government of a direct loan, loan guarantee, or financial investment calculated on a net present value basis, excluding administrative costs and any incidental effects on governmental receipts or outlays.

Revises other requirements for the President's budget including conditions for new direct loan obligations incurred and loan guarantee commitments made for FY1992 and thereafter, and new financial investment commitments for FY2017 and thereafter. Requires new budget authority for such loans or loan guarantee or financial investment commitments to be provided in advance in an appropriations Act.

Exempts a direct loan or loan guarantee program that constitutes an entitlement (such as the guaranteed student loan program or the veteran's home loan guaranty program) as well as all existing credit programs of the Commodity Credit Corporation (CCC) from: (1) the above requirement; and (2) the prohibition against modification of an outstanding direct loan, loan guarantee, or financial investment in a manner that increases its costs unless budget authority for the additional cost has been provided in advance in an appropriations Act.

Revises requirements for Treasury transactions with financing accounts (nonbudget accounts associated with each program account which holds balances, receives the cost payment from the program account, and also includes all other cash flows to and from the federal government resulting from such obligations or commitments made on or after October 1, 1991).

Limits the availability of amounts in liquidating accounts to specified payments resulting from direct loan obligations or loan guarantee commitments made before October 1, 1991.

Prescribes requirements for consideration of legislation in both chambers after agreement on a budget resolution (in effect, extending a point of order against certain changes in mandatory programs to all such programs in appropriations bills).

Prohibits the congressional budget committees from counting rescissions of budget authority that do not result in outlay savings over the period covered by a budget resolution when determining the levels of new budget authority, outlays, direct spending, new entitlement authority, and revenues for a fiscal year.

Requires suspension for a certain period of any within-grade step increases in the compensation of certain federal employees that would otherwise take effect during any calendar year in which an annual pay adjustment is denied. Requires recomputation of a wage or salary's pay rate, after the end of a suspension period for any service performed subsequent to it, so that the pay rate will be the same as the one that would have been payable if such step-increases had not been suspended. Requires service performed by an employee before, during, or after such a suspension period to be computed, for step-increase eligibility purposes, without regard to suspension of the step-increase during the suspension period. Prescribes similar suspension requirements with respect to additional step increases for high quality performance above the ordinary. Makes it out of order in both chambers to consider any legislation that would provide an advance appropriation, except for specified programs or activities, including the Employment and Training Administration, education for the disadvantaged, Head Start, rental assistance, the Corporation for Public Broadcasting, and veterans' medical services. Allows: (1) waiver of this rule in either chamber by an affirmative vote of three-fifths of the Members; and (2) successful appeals in the Senate from the ruling of the Chair, only by an affirmative vote of three-fifths (60). Makes it out of order in the House, notwithstanding the allowance of such a waiver by the vote of a super-majority, to consider a rule or order that waives the application of such prohibition.

Prohibits shifts in outlays or revenues from one year to another by a date change to act as an offset for other provisions that increase the deficit for a time period. Makes it out of order in the House to consider a rule or order that waives the application of such prohibition.

Prescribes a budget scoring rule for transfers from the Treasury General Fund to the Highway Trust Fund that increase the level of indebtedness subject to the current applicable statutory public debt limit. Makes it out of order in the House to consider a rule or order that waives the application of such requirement.

Requires the President's annual budget submission to Congress to provide an estimate of the pro rata cost of any projected budget deficit to individuals who will file an income tax return for the fiscal year in question.

honest budget act amends procedures congressional_budget_act order senate consider appropriations legislation senate agrees concurrent resolution budget permits waivers suspension requirements successful appeals ruling chair affirmative vote fifths senate makes order chamber consider certain bills joint resolutions conference reports designate emergency requirement provision creates discretionary direct spending decreases revenues disaster relief requires affirmative vote fifths members successfully appeal ruling chair point order measure establishes procedure emergency designations amendment makes order house_of_representatives consider rule order waives application prohibitions consideration measures amendments amends federal credit reform_act fcra revise budgetary treatment federal direct_loans loan guarantees account fair value basis currently fcra accrual basis expands new budgetary treatment financial investments beginning fy2017 defines financial investment federal_government investment securities debt equity futures swaps derivatives issued non federal entity regardless issuances federally guaranteed issued federal entity issuance consists marketable securities requires president budget fy1992 reflect treasury discounting component direct_loan loan guarantee programs fy2017 reflect costs direct_loan loan guarantee financial investment programs defines treasury discounting component estimated long term cost federal_government direct_loan loan guarantee financial investment calculated net present value basis excluding administrative costs incidental effects governmental receipts outlays revises requirements president budget including conditions new direct_loan obligations incurred loan guarantee commitments fy1992 new financial investment commitments fy2017 requires new budget authority loans loan guarantee financial investment commitments provided advance appropriations act exempts direct_loan loan guarantee program constitutes entitlement guaranteed student loan program veteran home loan guaranty program existing credit programs commodity_credit_corporation ccc requirement prohibition modification outstanding direct_loan loan guarantee financial investment manner increases costs budget authority additional cost provided advance appropriations act revises requirements treasury transactions financing accounts accounts associated program account holds balances receives cost payment program account includes cash flows federal_government resulting obligations commitments october limits availability amounts liquidating accounts specified payments resulting direct_loan obligations loan guarantee commitments october prescribes requirements consideration legislation chambers agreement budget resolution effect extending point order certain changes mandatory programs programs appropriations bills prohibits congressional_budget committees counting rescissions budget authority result savings period covered budget resolution determining levels new budget authority outlays direct spending new entitlement authority revenues fiscal year requires suspension certain period grade step increases compensation certain federal employees effect calendar year annual pay adjustment denied requires wage salary pay rate end suspension period service performed subsequent pay rate payable step increases suspended requires service performed employee suspension period computed step increase eligibility purposes regard suspension step increase suspension period prescribes similar suspension requirements respect additional step increases high quality performance ordinary makes order chambers consider legislation provide advance appropriation specified programs activities including employment_and_training_administration education disadvantaged head_start rental assistance corporation_for_public_broadcasting veterans medical services allows waiver rule chamber affirmative vote fifths members successful appeals senate ruling chair affirmative vote fifths makes order house notwithstanding allowance waiver vote super majority consider rule order waives application prohibition prohibits shifts outlays revenues year date change act offset provisions increase deficit time period makes order house consider rule order waives application prohibition prescribes budget scoring rule transfers treasury general_fund highway_trust_fund increase level indebtedness subject current applicable statutory public debt limit makes order house consider rule order waives application requirement requires president annual budget submission congress provide estimate pro rata cost projected budget deficit individuals file income tax return fiscal year question


Summary: Voluntary Debt Reduction Act of 2013 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1) or designate a portion of any overpayment of tax (not less than $1) to be donated, in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.

voluntary debt reduction act amends_the_internal_revenue_code allow taxpayers donate designate portion overpayment tax donated addition tax owed shall deposited general_fund_of_the_treasury transferred account reduce public debt requires donation designated taxpayer income tax return time return filed


Summary: Restores to the Indian Health Service that portion of its FY2013 funds that were sequestered under the Balanced Budget and Emergency Deficit Control Act of 1985 and that exceeded 2% of its FY2013 funding.

restores indian_health_service portion fy2013 funds sequestered balanced_budget emergency deficit control act exceeded fy2013 funding


Summary:
Cancer Patient Protection Act of 2013 - Declares that, notwithstanding the presidential sequestration order issued on March 1, 2013, the budgetary resources sequestered for payments for drugs and biologicals under title XVIII (Medicare) of the Social Security Act shall be available for obligation for drugs and biologicals furnished on or after enactment of this Act in the same amount and manner as if such order had not been issued.

Directs the Secretary of Health and Human Services (HHS) to make any payments under Medicare part B (Supplementary Medical Insurance) that may be required to reimburse for reductions in payments made under the sequestration order for drugs and biologicals furnished on or after April 1, 2013, and before enactment of this Act.

cancer patient_protection act declares notwithstanding presidential sequestration order issued march budgetary resources sequestered payments drugs biologicals title xviii medicare social_security_act shall available obligation drugs biologicals furnished enactment act manner order issued directs secretary health_and_human_services hhs payments medicare supplementary_medical_insurance required reimburse reductions payments sequestration order drugs biologicals furnished april enactment act


Summary:
Amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO), whenever it transmits to a congressional committee any revenue estimates provided to it by the Joint Committee on Taxation for any bill or joint resolution to which this Act applies, also to transmit a revenue estimate incorporating the macroeconomic effects of the policy being analyzed.

Requires a written statement to accompany any such macroeconomic impact statement which discloses fully the economic, technical, and behavioral assumptions made in producing the estimate.

Applies this requirement to any bill or joint resolution: (1) that the Joint Committee determines has a revenue impact exceeding $5 billion in the fiscal year in which the measure becomes effective, or in any of the four ensuing fiscal years; or (2) for which the chair or ranking member of either congressional budget committee requests such an estimate.

amends congressional_budget_act require congressional_budget_office cbo transmits congressional committee revenue estimates provided joint_committee_on_taxation bill joint resolution act applies transmit revenue estimate incorporating macroeconomic effects policy analyzed requires written statement accompany macroeconomic impact statement discloses fully economic technical behavioral assumptions producing estimate applies requirement bill joint resolution joint_committee determines revenue impact exceeding billion fiscal year measure effective ensuing fiscal years chair ranking member congressional_budget committee requests estimate


Summary: Member of Congress Pay Sequestration and Fairness Act - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to include any item for the pay of Members of Congress within the definition of accounts subject to budget enforcement through sequestration.

member congress pay sequestration fairness act_-_amends balanced_budget emergency deficit control act gramm rudman hollings act include item pay members congress definition accounts subject budget enforcement sequestration


Summary: Buffett Rule Act of 2013 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.

rule act amends_the_internal_revenue_code allow taxpayers donate addition tax owed shall deposited general_fund_of_the_treasury transferred account reduce public debt requires donation designated taxpayer income tax return time return filed


Summary: Security Clearance Protection Act of 2013 - Requires the Secretary of Defense (DOD) to ensure that any financial hardship incurred by a DOD civilian employee due to a furlough required by sequestration will not affect such employee's: (1) eligibility for continued suitability for employment at DOD, (2) access to classified information, or (3) suitability to hold a position critical to national security.

security clearance protection act requires secretary defense dod ensure financial hardship incurred dod civilian employee furlough required sequestration affect employee eligibility continued suitability employment dod access classified information suitability hold position critical national security


Summary: Employee Hardship Financial Relief Act of 2013 - Amends the Internal Revenue Code to permit federal employees who are furloughed due to sequestration to make penalty-free distributions from their Thrift Savings Account Fund but only to the extent that such distributions do not exceed the aggregate reduction in compensation of such employees resulting from such furlough.

employee hardship financial relief_act amends_the_internal_revenue_code permit federal employees sequestration penalty free distributions thrift savings account fund extent distributions exceed aggregate reduction compensation employees resulting furlough