HR 6957 · 118th Congress · Economics and Public Finance

Debt-to-GDP Transparency and Stabilization Act

Introduced 2024-01-11· Sponsored by Rep. Smucker, Lloyd [R-PA-11]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Ordered to be Reported by Voice Vote.(2024-01-18)

Plain Language Summary

[AI summary unavailable — showing source text] Debt-to-GDP Transparency and Stabilization Act 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. …

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

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

Jan 24, 2024

As ordered reported by the House Committee on the Budget on January 18, 2024

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

8 Democrats12 Republicans
Rep. Golden, Jared F. [D-ME-2]ME
Rep. Edwards, Chuck [R-NC-11]NC
Rep. Fitzpatrick, Brian K. [R-PA-1]PA
Rep. Phillips, Dean [D-MN-3]MN
Rep. Norman, Ralph [R-SC-5]SC
Rep. Yakym, Rudy [R-IN-2]IN
Rep. Cline, Ben [R-VA-6]VA
Rep. Suozzi, Thomas R. [D-NY-3]NY
Rep. Grothman, Glenn [R-WI-6]WI
Rep. Meuser, Daniel [R-PA-9]PA
Rep. Burchett, Tim [R-TN-2]TN
Rep. Davis, Donald G. [D-NC-1]NC
Rep. Perez, Marie Gluesenkamp [D-WA-3]WA
Rep. Lawler, Michael [R-NY-17]NY
Rep. Brecheen, Josh [R-OK-2]OK
Rep. Peters, Scott H. [D-CA-50]CA
Rep. Lee, Susie [D-NV-3]NV
Rep. Pfluger, August [R-TX-11]TX
Rep. James, John [R-MI-10]MI
Rep. Scholten, Hillary J. [D-MI-3]MI