SRES 654 · 119th Congress — A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
This resolution expresses the sense of the Senate that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2)…
- Congress
- 119
- Bill
- SRES 654
- Status
- Introduced
- Introduced
- 2026-03-20
- Latest action date
- 2026-03-20
Summary
This resolution expresses the sense of the Senate that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.
This summary may describe an earlier version. Check the official record for current wording.
Latest action
Referred to the Committee on the Budget. (text: CR S1444)
Sponsors
- Sen. Cramer, Kevin [R-ND]
Republican · North Dakota · Senate · Republican