HR 6957
118th Congress
House
Economics and Public Finance
Budget deficits and national debt
Budget process
Government information and archives
Debt-to-GDP Transparency and Stabilization Act
Introduced: January 11, 2024
Introduced by:
Smucker, Lloyd
Republican
· Pennsylvania
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2024
Ordered to be Reported by Voice Vote.
Jan 18, 2024
Committee Consideration and Mark-up Session Held
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
Introduced in House
Plain-English summary
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.
What's happening now
Ordered to be Reported by Voice Vote.
Committees of jurisdiction
2