1. Short title This Act may be cited as the Debt Explanation Before Taxwriters Act or the DEBT Act . 2. Secretary of Treasury appearance before Congress before reaching debt limit or extraordinary measures taken (a) In general Subchapter II of chapter 31 of title 31, United States Code, is amended by adding at the end the following: 3131. Secretary of Treasury appearance before Congress before reaching debt limit or extraordinary measures taken (a) In general Not more than sixty days and not less than twenty-one days prior to any date on which the Secretary of the Treasury anticipates either that the public debt will reach the limit specified under section 3101, as modified by section 3101A, or that extraordinary measures will be taken to prevent the United States from defaulting on its obligations, the Secretary shall appear before the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate, to submit a detailed explanation of— (1) any extraordinary measures the Secretary will take to fund Federal government obligations prior to such increase and an estimate of the administrative cost of taking such extraordinary measures