Debt Solution and Accountability Act

Increased Transparency: The Secretary of the Treasury must provide a debt report including historical levels, current amounts, and future projections (Section 2(a)(1)). This gives people a clearer look at the state of the national debt.

Public Access to Information: The Secretary is required to furnish publicly accessible links on the Department of the Treasury's web page for each report submitted (Section 2(a)(d)). This ensures that the information is available to the public for at least six months.

Accountability for Debt Reduction Proposals: The bill requires a detailed explanation of the President's proposals to reduce or slow debt growth across short, medium, and long terms (Section 2(a)(2)(A)). Furthermore, a progress report must be submitted within 180 days after a debt limit increase or suspension to track the implementation of these proposals (Section 2(b)).

Insight into Entitlement Programs: The reports must include projections regarding the fiscal health and sustainability of major direct-spending entitlement programs, such as Social Security, Medicare, and Medicaid (Section 2(a)(2)(C)).