; compliance; recommendations (1) Duties The duty of the joint committee shall be to recommend changes in existing law to achieve the ratio of the public debt to the estimated gross domestic product in the most recently adopted concurrent resolution on the budget. (2) Compliance The joint committee shall be deemed to have complied with the required net reduction in the public debt set forth in the instructions in the most recently adopted concurrent resolution on the budget, as required by section 316 of the Congressional Budget Act of 1974 (as added by section 301(b)(1))— (A) if the amount of changes are not less than 80 percent of the total amount of changes necessary to achieve the reduction in the debt; and (B) the chairs of the Committees on the Budget of the House of Representatives and the Senate jointly submit a statement to the Congressional Record certifying that subparagraph (A) has been complied with. (d) Report, recommendations, and legislative text (1) In general By April 30 of an odd-numbered year, the joint committee shall vote on— (A) a report that contains a detailed statement of the findings, conclusions, and recommendations of the joint committee and an estimate of the Congressional Budget Office pursuant to paragraph (6); and (B) legislative text to carry out such recommendations as described in the duties set forth in subsection (c)(1). (2) Approval The report of the joint committee and the legislative text described in paragraph (1) shall only be approved upon receiving the votes of— (A) a majority of joint committee members appointed by the Speaker of the House of Representatives and the leader of the Senate of the same political party as the Speaker