SRES 654
119th Congress
Senate
Economics and Public Finance
A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
Introduced: March 20, 2026
Introduced by:
Cramer, Kevin
Republican
· North Dakota
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 2026
Referred to the Committee on the Budget. (text: CR S1444)
Mar 20, 2026
Submitted in Senate
Plain-English summary
This resolution expresses the sense of the Senate 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.
What's happening now
Referred to the Committee on the Budget. (text: CR S1444)
Committees of jurisdiction
1