HRES 981 · 119th Congress · Economics and Public Finance
Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
Bill Progress
1
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and 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.(2026-01-07)
Plain Language Summary
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This resolution expresses the sense of the House of Representatives 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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (18)
9 Democrats9 Republicans