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H. Rept. 114-291 1 (2015-10-07)

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INFORMATION
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                    114TH CONGRESS                                      REPORT
                      1st Session    HOUSE  OF  REPRESENTATIVES         114-291







                      DEBT  MANAGEMENT AND FISCAL RESPONSIBILITY ACT
                                               OF  2015



                    OCTOBER 7, 2015.-Committed to the Committee of the Whole House on the State
                                     of the Union and ordered to be printed



                    Mr. RYAN  of Wisconsin, from the Committee on Ways  and Means,
                                        submitted  the following


                                           REPORT

                                             together with

                                         DISSENTING VIEWS

                                         [To accompany H.R. 3442]

                             [Including cost estimate of the Congressional Budget Office]

                     The  Committee  on Ways  and  Means,  to whom  was referred the
                   bill (H.R. 3442) to provide further means of accountability of the
                   United  States debt and promote fiscal responsibility, having consid-
                   ered the  same, report favorably thereon without amendment   and
                   recommend   that the bill do pass.

                                               CONTENTS
                                                                                 Page
                      I. SUMMARY AND  BACKGROUND   .............................................................  2
                           A. Purpose and Sum m ary  .....................................................................  2
                           B. Background and Need for Legislation .............................................  2
                           C. Legislative  H istory  ...........................................................................  3
                     II. EXPLANATION     OF  THE  BILL  ..................................................................  4
                           A. DEBT MANAGEMENT AND FISCAL RESPONSIBILITY ACT
                               O F 2015 ...........................................................................................  4
                     III. VOTES OF THE COMM ITTEE ....................................................................  5
                     IV. BUDGET EFFECTS OF THE BILL ..........................................................  5
                           A. Committee Estimate of Budgetary Effects ......................................  5
                           B. Statement Regarding New Budget Authority and Tax Expendi-
                               tures Budget Authority  .................................................................  5
                            C. Cost Estimate Prepared by the Congressional Budget Office .......  6
                     V. OTHER  MATTERS  TO  BE DISCUSSED  UNDER  THE  RULES  OF
                         TH E H O U SE ..............................................................................................  6
                           A. Committee Oversight Findings and Recommendations .................  6
                           B. Statement of General Performance Goals and Objectives .............  7
                       59-006

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