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As the Act's name suggests — No Budget, No Pay Act — this bill withholds Congressional paychecks until both chambers can agree on a federal budget. Passed in February 2013, this bill also suspended the public debt limit through May 18, 2013 at a little over $16 trillion.

When a budget agreement for the 2014 fiscal year wasn't reached by April 15, the payroll administrator for each chamber was required to put your Senator and House Representative's checks into an escrow account. After this deadline, the money wouldn't be released until a member’s chamber agreed to a budget or the last day of the 113th Congress.

H.R. 325 also gave the Secretary of the Treasury the authority to increase the public debt limit given that the additional increase was within $100 billion of the existing limit. If the Secretary decided not to increase the budget, it would happen automatically on May 19, 2013 — limited to:

The face value of obligations issued, and the face value of obligations whose principal and interest are guaranteed by the federal government. This excludes guaranteed obligations held by the Treasury.
The face value of obligations that are outstanding on the date that this bill is enacted.

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Should Congressional Paychecks Get Cut When Both Chambers Can't Agree On A Federal Budget?