Docket
118th Congress · HOUSE BILLBILL

H.R. 6957 — Debt-to-GDP Transparency and Stabilization Act

“To require that the President's annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.”

Economics and public finance
Introduced Jan 11, 2024
Last action Jan 18, 2024
Pipeline · Bill → Law
Step 1
Introduced
Jan 11, 2024
Step 2
Referred
Jan 11, 2024
Budget · Rules
Step 3
Committee
Jan 18, 2024
Reported out
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires the President's annual budget and congressional budget resolutions to include the ratio of the public debt to the estimated gross domestic product. 

Provisions · 2 sectionsReported to House
Timeline · 5 actions
Jan 18, 2024
Committee Consideration and Mark-up Session Held
Jan 18, 2024
Ordered to be Reported by Voice Vote.
Jan 11, 2024
Introduced in House
Jan 11, 2024
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.
Jan 11, 2024
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.