Balanced Budget and Accounting Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 13, 2024
Referred to the House Committee on the Budget.
Mar 13, 2024
Introduced in House
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Plain-English summary
Balanced Budget and Accounting Act
This bill requires the President's annual budget to be a balanced budget in which total outlays do not exceed total receipts during the applicable fiscal year.
What's happening now
Referred to the House Committee on the Budget.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 7656: Balanced Budget and Accounting Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-7656/
"H.R. 7656: Balanced Budget and Accounting Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-7656/.
H.R. 7656, 118th Cong. (2026), https://openamerica.io/bill/118-HR-7656/.
[H.R. 7656: Balanced Budget and Accounting Act](https://openamerica.io/bill/118-HR-7656/)