1. Short title This Act may be cited as the Extraordinary Measures Transparency Act . 2. Reports on extraordinary measures (a) In general Subchapter II of chapter 31 of title 31, United States Code, is amended by adding at the end the following: 3131. Reports on extraordinary measures (a) Report 30 days before reaching debt limit If the Secretary of the Treasury determines that the public debt will reach the debt limit in 30 days, the Secretary shall issue a report to the Congress that contains— (1) a description of the extraordinary measures that the Secretary intends to use if the debt limit is not raised; (2) an estimate of the cost of such extraordinary measures; (3) a projection of how long such extraordinary measures will fund the Federal Government; and (4) a projection of the administrative cost of taking such extraordinary measures. (b) Daily report while using extraordinary measures The Secretary shall, during any period in which the Secretary is using extraordinary measures, issue a daily report to the Congress that contains a list of which extraordinary measures were taken, including a list of how much money was transferred and from which accounts the money was transferred. (c) Report after using extraordinary measures At the end of a period in which the Secretary was using extraordinary measures, the Secretary shall issue a report to the Congress that contains— (1) a summary of the extraordinary measures used; and (2) the administrative cost of taking such extraordinary measures. (d) Definitions For purposes of this section: (1) Administrative cost With respect to extraordinary measures, the term administrative cost means— (A) the personnel and consultant costs required to engage in the extraordinary measures; (B) any fees the Government has to pay in connection with the extraordinary measures