Bill > HR3538

This bill, the "No Pay for Congress During Default or Shutdown Act," aims to reduce the annual pay of members of Congress if the federal government reaches the public debt limit or experiences a government shutdown. Specifically, the bill would: 1. Reduce the annual pay of members of Congress by one day's worth of pay for each 24-hour period the public debt limit is reached, with this provision applying to days after the 2024 general election. 2. Require the payroll administrators of the House and Senate to withhold and hold in escrow the equivalent of one day's pay for each 24-hour period of a government shutdown during the 118th Congress, with the amounts released at the end of the Congress. 3. Define the public debt limit as being reached when the federal government is unable to make payments or meet obligations due to the limit under 31 U.S.C. 3101 being reached, and a government shutdown as a lapse in appropriations resulting from a failure to enact a regular appropriations bill or continuing resolution. 4. Require the Secretary of the Treasury to provide assistance to the payroll administrators in carrying out the Act.