; (2) strengthen enforcement of budgetary rules and requirements by— (A) enabling Members of the House of Representatives to enforce budget requirements in a manner that does not jeopardize the ability of the majority to work its will on legislation; and (B) permitting members of Congress to determine whether emergency-designated appropriations are for unanticipated situations that pose a threat to life, property, or national security; (3) increase control over the costs of Federal activities by— (A) incorporating debt service costs into cost estimates prepared by the Congressional Budget Office; (B) establishing a process for setting limits on the amount of debt incurred by the Federal Government from the private sector as a share of the economy that requires congressional action if such limits deviate from those previously determined by Congress and the President; (C) transitioning to fair-value accounting; (D) budgeting for Federal insurance programs on an accrual basis; and (E) developing and implementing a regulatory budget as provided in section 503; (4) achieve greater control over mandatory spending by reforming reconciliation procedures and requirements to ensure they are transparent, objectively applied, and maximize opportunities for deficit reduction; (5) increase the efficiency of the congressional budget process by— (A) realigning the budget cycle with the calendar year and the congressional calendar; (B) simplifying the procedures by which the Committee on Appropriations adjusts its section 302(b) suballocations to ensure they are consistent with the Committee’s overall section 302(a) allocation; and (C) increasing congressional accountability for budget decisions; (6) improve the transparency of the Federal Government’s obligations by— (A) modifying the content of the budget resolution to reflect the budgetary decisions that Congress actually makes and enforces; (B) requiring the Comptroller General to periodically report to Congress on the consolidated financial report of the Federal Government