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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Agreed to (Senate)
Mar 20, 2026
Submitted in Senate
Mar 20, 2026
Referred to the Committee on the Budget. (text: CR S1444)
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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)
Related & companion bills
1
Bill text
1 version
- Introduced in Senate Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Lobbying activity
1
Cosponsors
3
Cite this page
U.S. Congress. (2026). S. Res. 654: 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.. 119th Congress. Open America. https://openamerica.io/bill/119-SRES-654/
"S. Res. 654: 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.." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-SRES-654/.
S. Res. 654, 119th Cong. (2026), https://openamerica.io/bill/119-SRES-654/.
[S. Res. 654: 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.](https://openamerica.io/bill/119-SRES-654/)