S3951Referred to Committee

Balanced Budget Responsibility Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-26
Introduced
0
Cosponsors
S
Type

Sponsor

Rick Scott
Rick Scott
Republican · FL · Senator
Votes with party: 33.2% (322 recorded votes)

Full profile: /officials/S001217

Source: Congress.gov · FEC

Cosponsors (0)

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

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

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 →

Read twice and referred to the Committee on the Budget.

2026-02-26

Source: Congress.gov

Plain-English Summary

This bill would likely require the federal government to balance its budget, meaning it cannot spend more money than it takes in through taxes and other revenue. The measure would affect how Congress allocates money for programs like Social Security, Medicare, defense, and infrastructure, potentially requiring cuts to some services or increases in taxes to avoid deficits. It would constrain lawmakers' ability to borrow money to fund government operations, which could significantly impact both government workers and the public services Americans rely on.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Economics and Public Finance
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