CONGRESS FOR VOTERS

RepublicanBill · H.R. 7808· House(119-HR-7808)

Debt-to-GDP Transparency and Stabilization Act

Rep. Smucker
Age: 62 years
Pennsylvania
Introduced
3/4/2026
Last activity
3/4/2026 — 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.
Sponsored by
Lloyd Smucker
Cosponsors
Republican - 8Democrat - 7
Economics and Public Finance
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the ``Debt-to-GDP Transparency and Stabilization Act'', seeks to change how budget information is shared with Congress. It requires the President's annual budget submission to include the ratio of the public debt to the estimated gross domestic product. Additionally, any concurrent resolution on the budget must include this same debt-to-GDP ratio. The bill also requires the inclusion of the ratio of the surplus or deficit to the estimated gross domestic product in these submissions. These changes would amend both the United States Code and the Congressional Budget and Impoundment Control Act of 1974.

Yes

  • Does this make what the government does easier for the public to see?+3

    The bill increases transparency by requiring new financial ratios to be included in budget submissions.

  • Does this make the government pay for what it commits to?+2

    It promotes fiscal responsibility by providing clearer metrics for monitoring the debt-to-GDP ratio.

The opposite

No question was scored the opposite.