H.R. 7808 · 119th Congress

Debt-to-GDP Transparency and Stabilization Act

Introduced / in committeeEconomy

Details

Sponsor: Lloyd Smucker (R)
Introduced: 2026-03-04
Origin: House
Policy area: Economics and Public Finance
Latest action: 2026-03-04 — 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.
Cosponsors: 15

Summary

Debt-to-GDP Transparency and Stabilization Act 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.

CRS summary — Introduced in House (2026-03-04)