A bill to provide that the President shall include in the budget submitted to the Congress under section 201 of the Budget and Accounting Act, 1921, an item for not less than $2 billion to be applied toward reduction of the national debt.

Provides that the President shall include in the budget submitted to the Congress under the Budget and Accounting Act, 1921, an item for not less than $2,000,000,000 to be applied toward reduction of the national debt. (Amends 31 U.S.C. 11(a)(5))