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HR 7808
Introduced Re-checks Congress.gov for new actions and updates the bill's status, and fills in any sponsors, committees, or related bills that are missing. It does not re-pull sponsors/cosponsors/committees/related — those rarely change — and it skips all work if nothing has changed upstream, so it's cheap to click.

Debt-to-GDP Transparency and Stabilization Act

To require that the President's annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.

Introduced Mar 4, 2026

Latest action (Mar 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.

Referred to
Rules Committee Budget Committee
Policy area
Economics and Public Finance
Issues
Economy & Taxes

Summary

This bill amends federal budget law to require that the President's annual budget submission to Congress include the ratio of the nation's public debt to the estimated gross domestic product. It also requires the same debt-to-GDP ratio to be included in the concurrent resolution on the budget that Congress passes annually. Additionally, both the President's budget submission and Congress's budget resolution must include the ratio of the federal surplus or deficit to the estimated GDP. These changes aim to make key fiscal metrics more transparent in the federal budget process.

AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.

Sponsor (1)
15 cosponsors

Money behind the sponsor

Top reported contributors to Lloyd Smucker’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.

  • NULL $44,770
  • DIRECT WIRE AND CABLE $13,200
  • SELECT MEDICAL $11,600
  • LANCASTER SCHOOL OF COSMETOLOGY $11,100
  • SCENIC RIDGE $8,425

Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Lloyd Smucker → · Outside spending →

Actions (2)
  1. Mar 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. · house
  2. Mar 4, 2026 Introduced in House

Similar bills (6)

Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.

  • HRES 981 — Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product. · Introduced Jan 7, 2026 · Cong. 119 75%
  • HR 6895 — Debt Solution and Accountability Act · Introduced Dec 18, 2025 · Cong. 119 73%
  • HR 6470 — Increasing Baseline Updates Act · Introduced Dec 4, 2025 · Cong. 119 70%
  • HR 7295 — Comprehensive Congressional Budget Act of 2026 · Introduced Jan 30, 2026 · Cong. 119 68%
  • HR 829 — Fighting Budget Waste Act · Introduced Jan 31, 2025 · Cong. 119 68%
  • S 3951 — Balanced Budget Responsibility Act of 2026 · Introduced Feb 26, 2026 · Cong. 119 68%

Full text

IN THE HOUSE OF REPRESENTATIVES

March 4, 2026

Mr. Smucker (for himself, Mr. Golden of Maine, Mr. Cline, Ms. Perez, Mr. Yakym, Mr. Suozzi, Mr. Bacon, Mr. Meuser, Mr. Panetta, Mr. Grothman, Mr. Peters, and Mr. Davis of North Carolina) introduced the following bill; which was 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

A BILL

To require that the President’s annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

This Act may be cited as the “Debt-to-GDP Transparency and Stabilization Act”.

SEC. 2. RATIO OF PUBLIC DEBT TO GDP INCLUDED IN PRESIDENT’S BUDGET SUBMISSION AND CONCURRENT RESOLUTION ON THE BUDGET.

(a) President’s Budget Submission.—Section 1105(a) of title 31, United States Code, is amended—

(1) in paragraph (10), by striking the period at the end and inserting “, including the ratio of the public debt to the estimated gross domestic product.”; and

(2) by adding at the end the following:

“(39) the ratio of the surplus or deficit to the estimated gross domestic product.”.

(b) Concurrent Resolution on the Budget.—Section 301(a) of the Congressional Budget and Impoundment Control Act of 1974 is amended—

(1) in paragraph (6), by striking “and” at the end;

(2) in paragraph (7), by striking the period at the end and inserting a semicolon; and

(3) by adding at the end the following:

“(8) the ratio of the public debt to the estimated gross domestic product; and

“(9) the ratio of the surplus or deficit to the estimated gross domestic product.”. <all>

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