HR7808Referred to Committee

Debt-to-GDP Transparency and Stabilization Act

Share:
Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-03-04
Introduced
14
Cosponsors
HR
ⓘ
Type

Sponsor

Lloyd Smucker
Lloyd Smucker
Republican · PA · Representative
Votes with party: 98.3% (542 recorded votes)

Full profile: /officials/S001199

Source: Congress.gov · FEC

Cosponsors (14)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

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.

2026-03-04

Source: Congress.gov

Committee Activity

Currently in

Previously

Plain-English 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.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Economics and Public Finance
Full bill text is not yet cached locally.
Open text viewRead on Congress.gov

Related legislation

Bills by the same sponsor or covering overlapping subjects.