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HR 7808 · 119th Congress — Debt-to-GDP Transparency and Stabilization Act

Debt-to-GDP Transparency and Stabilization Act This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the…

Congress
119
Bill
HR 7808
Status
Introduced
Introduced
2026-03-04
Latest action date
2026-03-04

Summary

Debt-to-GDP Transparency and Stabilization Act This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the ratio of the surplus or deficit to the estimated GDP. Right now, the latest action is: Sent to the Budget Committee and the Rules Committee. Each committee will review the parts it handles. The listed sponsor is Rep. Smucker, Lloyd [R-PA-11] [R].

This summary may describe an earlier version. Check the official record for current wording.

Latest action

Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Sources