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HR 1383 117th Congress House Economics and Public Finance Budget deficits and national debt Budget process Congressional committees Congressional operations and organization House of Representatives Legislative rules and procedure Performance measurement Senate

Debt Control Through Budget Reconciliation Act of 2021

Introduced: February 25, 2021 See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 25, 2021
Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.
Feb 25, 2021
Introduced in House
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 Plain-English summary Congressional Research Service

Debt Control Through Budget Reconciliation Act of 2021

This bill establishes long-term debt limits and a new reconciliation process to enforce the limits.

Specifically, the bill prohibits the estimated amount of debt held by the public from exceeding a specified percentage of the estimated nominal gross domestic product (GDP) for a fiscal year. The bill limits the debt to 101% of GDP for FY2022 and decreases the limit annually until it reaches 50% of GDP for FY2050.

The bill also establishes a new reconciliation process to enforce the limits. Under this process, the congressional budget resolution could direct congressional committees to report legislation to achieve the long-term debt limits. Congress would then be required to consider the legislation using expedited legislative procedures, which limit debate and amendments.

What's happening now February 25, 2021

Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Republican 3
R
Curtis, John R.
Utah · Feb 25, 2021
 R
Feenstra, Randy
Iowa · Feb 25, 2021
 R
Owens, Burgess
Utah · Feb 25, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1383: Debt Control Through Budget Reconciliation Act of 2021. 117th Congress. Open America. https://openamerica.io/bill/117-HR-1383/
MLA
"H.R. 1383: Debt Control Through Budget Reconciliation Act of 2021." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-1383/.
Bluebook (legal)
H.R. 1383, 117th Cong. (2026), https://openamerica.io/bill/117-HR-1383/.
Markdown link
[H.R. 1383: Debt Control Through Budget Reconciliation Act of 2021](https://openamerica.io/bill/117-HR-1383/)
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