(a)
Definitions— In this section:
(1)
Commission— The term Commission means the National Commission on Fiscal Responsibility and Reform established under subsection (b).
(2)
Federal agency— The term Federal agency means an establishment in the executive, legislative, or judicial branch of the Federal Government.
(b)
Establishment— Not later than 30 days after the date of the enactment of this Act, there shall be established within the legislative branch a commission to be known as the National Commission on Fiscal Responsibility and Reform.
(c)
Membership—
(1)
Composition of Commission— The Commission shall be composed of 18 members, of whom—
(A)
6 shall be appointed by the President, of whom not more than 3 shall be from the same political party;
(B)
3 shall be appointed by the majority leader of the Senate, from among current Members of the Senate;
(C)
3 shall be appointed by the Speaker of the House of Representatives, from among current Members of the House of Representatives;
(D)
3 shall be appointed by the minority leader of the Senate, from among current Members of the Senate; and
(E)
3 shall be appointed by the minority leader of the House of Representatives, from among current Members of the House of Representatives.
(2)
Initial appointments— Not later than 60 days after the date on which the Commission is established, initial appointments to the Commission shall be made.
(3)
Vacancy— A vacancy on the Commission shall be filled in the same manner as the initial appointment.
(d)
Co-Chairpersons— From among the members appointed under subsection (c), the President shall designate 2 members, who shall not be of the same political party, to serve as co-chairpersons of the Commission.
(e)
Qualifications— Members appointed to the Commission shall have significant depth of experience and responsibilities in matters relating to—
(4)
Federal agency management or private sector management;
(5)
public administration; and
(f)
Duties—
(1)
In general— The Commission shall identify policies to—
(A)
improve the fiscal situation of the Federal Government in the medium term; and
(B)
achieve fiscal sustainability of the Federal Government in the long term.
(2)
Requirements— In carrying out paragraph (1), the Commission shall—
(A)
propose recommendations designed to balance the budget of the Federal Government, excluding interest payments on the public debt, by the date that is 10 years after the date on which the Commission is established, in order to stabilize the ratio of the public debt to the gross domestic product of the United States at an acceptable level; and
(B)
propose recommendations that meaningfully improve the long-term fiscal outlook of the Federal Government, including changes to address the growth of entitlement spending and the gap between the projected revenues and expenditures of the Federal Government.
(g)
Reports and proposed joint resolution—
(1)
In general—
(A)
Final report— Not later than 1 year after the date on which all members of the Commission are appointed under subsection (c), the Commission shall vote on the approval of a final report, which shall contain—
(i)
the recommendations required under subsection (f)(2); and
(ii)
a proposed joint resolution implementing the recommendations described in clause (i).
(B)
Interim reports— At any time after the date on which all members of the Commission are appointed and prior to voting on the approval of a final report under subparagraph (A), the Commission may vote on the approval of an interim report containing such recommendations described in subsection (f)(2) as the Commission may provide.
(2)
Approval of report— The Commission may only issue a report under this subsection if—
(A)
not less than 12 members of the Commission approve the report; and
(B)
of the members approving the report under subparagraph (A), not less than 4 are members of the same political party to which the Speaker of the House of Representatives belongs and not less than 4 are members of the same political party to which the minority leader of the House of Representatives belongs.
(3)
Submission of report— With respect to each report approved under this subsection, the Commission shall—
(A)
submit to Congress the report; and
(B)
make the report available to the public.
(4)
Preparation of joint resolution—
(A)
In general— In drafting the proposed joint resolution described in paragraph (1)(A)(ii), the Commission—
(i)
may use the services of the offices of the Legislative Counsel of the Senate and House of Representatives; and
(ii)
shall consult with the Comptroller General of the United States and the Director of the Congressional Budget Office.
(B)
Consultation with committees— In drafting the proposed joint resolution described in paragraph (1)(A)(ii), the co-chairpersons of the Commission, with respect to the contents of the proposed joint resolution, shall consult with—
(i)
the chairperson and ranking member of each relevant committee of the Senate and the House of Representatives;
(ii)
the majority and minority leader of the Senate; and
(iii)
the Speaker and minority leader of the House of Representatives.
(C)
Requirements for consultation— The consultation required under subparagraph (B) shall provide the opportunity for each individual described in subparagraph (B) to provide—
(i)
recommendations for alternative means of addressing the recommendations described in paragraph (1)(A)(i); and
(ii)
recommendations regarding which recommendations described in paragraph (1)(A)(i) should not be addressed in the proposed joint resolution.
(D)
Relevant committees— For the purpose of this paragraph, the relevant committees of the Senate and the House of Representatives shall be—
(i)
the Committee on Finance of the Senate;
(ii)
the Committee on Ways and Means of the House of Representatives;
(iii)
the Committee on Health, Education, Labor, and Pensions of the Senate; and
(iv)
the Committee on Energy and Commerce of the House of Representatives.
(h)
Powers of the commission—
(1)
Hearings— The Commission may hold such hearings, sit and act at such times and places, take such testimony, and receive such evidence as the Commission considers advisable to carry out the duties of the Commission described in subsection (f).
(2)
Information from Federal agencies—
(A)
In general— The Commission may secure directly from any Federal agency such information as the Commission considers necessary to carry out the duties of the Commission described in subsection (f).
(B)
Provision of information— Upon request from the co-chairpersons of the Commission, the head of a Federal agency shall provide information described in subparagraph (A) to the Commission.
(3)
Postal services— The Commission may use the United States mail in the same manner and under the same conditions as departments and agencies of the Federal Government.
(4)
Website—
(A)
Contents— The Commission shall establish a website containing—
(i)
the recommendations required under subsection (f)(2); and
(ii)
the records of attendance of the members of the Commission for each meeting of the Commission.
(B)
Date of publication— Not later than 72 hours after the conclusion of a meeting of the Commission, the Commission shall publish a recommendation or record of attendance described under subparagraph (A) that is made or taken at the meeting on the website established under such subparagraph.
(i)
Assistance of other legislative branch entities— As the Commission conducts the work of the Commission—
(1)
the Comptroller General shall provide technical assistance to the Commission on findings and recommendations of the Government Accountability Office;
(2)
the Director of the Congressional Budget Office shall provide technical assistance to the Commission on findings and recommendations of the Congressional Budget Office; and
(3)
the chair of the Joint Committee on Taxation shall provide technical assistance to the Commission on findings and recommendations of the Joint Committee on Taxation.
(j)
Personnel matters—
(1)
In general— Members of the Commission shall serve without compensation.
(2)
Travel expenses— Members of the Commission shall be allowed travel expenses, including per diem in lieu of subsistence, at rates authorized for employees of agencies under subchapter I of chapter 57 of title 5, United States Code, while away from the homes or regular places of business of the members in the performance of services for the Commission.
(3)
Staff—
(A)
In general—
(i)
Appointment— The co-chairpersons of the Commission may, without regard to civil service laws and regulations, appoint and terminate an executive director and such other additional personnel as may be necessary to enable the Commission to perform the duties of the Commission.
(ii)
Approval— The appointment of an executive director under clause (i) shall be subject to confirmation by the Commission.
(B)
Compensation—
(i)
In general— The co-chairpersons of the Commission may fix the compensation of the executive director and other personnel of the Commission without regard to the provisions of chapter 51 and subchapter III of chapter 53 of title 5, United States Code, relating to the classification of positions and General Schedule pay rates.
(ii)
Pay rate— The rate of pay for the executive director and other personnel of the Commission may not exceed the rate payable for level V of the Executive Schedule under
section 5613 of title 5, United States Code.
(4)
Detail of government employees— Any employee of the Federal Government may be detailed to the Commission—
(A)
without reimbursement; and
(B)
without interruption or loss of civil service status or privilege.
(5)
Procurement of temporary and intermittent services— The co-chairpersons of the Commission may procure temporary and intermittent services under section 3109(b) of title 5, United States Code, at rates for individuals that do not exceed the daily equivalent of the annual rate of basic pay prescribed for level V of the Executive Schedule under section 5316 of such title.
(k)
Termination of the commission— The Commission shall terminate on the date that is 30 days after the date on which the Commission submits the final report of the Commission under subsection (g)(1)(A).
(l)
Rules of construction— Nothing in this Act shall be construed to—
(1)
impair or otherwise affect—
(A)
authority granted by law to a Federal agency or a head thereof; or
(B)
functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals; or
(2)
create any right or benefit, substantive or procedural, enforceable at law or in equity, by any party against the United States, the departments, agencies, entities, officers, employees, or agents of the United States, or any other person.
(m)
Authorization of appropriations—
(1)
In general— There are authorized to be appropriated to the Commission such sums as may be necessary to carry out this Act.
(2)
Availability— Any sums appropriated under paragraph (1) shall remain available, without fiscal year limitation, until expended.
(n)
Inapplicability of Federal Advisory Committee Act— The Federal Advisory Committee Act (5 U.S.C. App.) shall not apply to the Commission.