Super PAYGO requirement

(a) Definitions Section 3 of the Statutory Pay-As-You-Go Act of 2010 is amended— (1) in paragraph (4)(A), by inserting after Budgetary effects shall not include any costs associated with debt service. the following: For purposes of this title, budgetary effects shall be separately identified as costs and savings before netting, except to the extent necessary to prevent double counting of the same provision.; and (2) by adding at the end the following new paragraphs: (9) The term total budgetary cost means, with respect to a PAYGO Act, the sum of— (A) all increases in outlays flowing from direct spending, excluding debt service; and (B) all reductions in revenues. (10) The term total savings means, with respect to a PAYGO Act, the sum of— (A) all reductions in outlays flowing from direct spending; and (B) all increases in revenues. (11) The term Super PAYGO debit means, with respect to a PAYGO Act or a Super PAYGO scorecard for any fiscal year or scorecard period, the positive amount, if any, by which— (A) two times the total budgetary cost; exceeds (B) the total savings. (12) The term Super PAYGO scorecard means a scorecard maintained by OMB under section 4(d) that records Super PAYGO debits for the applicable 5-year or 10-year period.. (b) Super PAYGO requirement The Statutory Pay-As-You-Go Act of 2010 is amended by inserting after section 3 the following new section: 3A. Super PAYGO requirement (a) Required deficit reduction Any PAYGO Act affecting direct spending or revenues shall be deemed compliant with this section only if the total savings attributable to such Act equals or exceeds two times the total budgetary cost of such Act. (b) Total budgetary cost The total budgetary cost of a PAYGO Act shall equal the sum of— (1) all increases in direct spending; and (2) all reductions in revenues. (c) Total savings Total savings shall equal the sum of— (1) all reductions in direct spending; and (2) all increases in revenues. (d) Budget windows The requirements of this section shall be calculated using the 5-fiscal-year and 10-fiscal-year scorecards maintained pursuant to this title. (e) Illustration An Act that increases direct spending or reduces revenues by $100,000,000,000 shall not satisfy this subsection unless such Act includes not less than $200,000,000,000 in reductions in direct spending, increases in revenues, or a combination thereof..