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EconomyH.R. 7808Not Yet VotedComments

Debt-to-GDP Transparency and Stabilization Act

Official title: To require that the President's annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.

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What Happened in Congress?

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Not yet voted on the floor.

Where the Bill Stands

  1. Introduced, done
  2. Committee, current stage
  3. Floor Vote, not yet
  4. Outcome, not yet

What This Bill Does

This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the ratio of the surplus or deficit to the estimated GDP.

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Related Documents

Bill on Congress.govWeb Page ↗ (opens in a new tab)

Timeline

  1. Library of CongressIntroduced in House
  2. House floor actionsReferred 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.
  3. Introduced
  4. Committee

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