What is the current status of HR 222?

HR 222 is currently: Introduced.

Who sponsored HR 222?

HR 222 was sponsored by Ed Case (D), Rep.

Creates Commission to Balance Federal Budget

IntroducedJanuary 7, 2025

Introduced1 year ago

Intro

House

Senate

Pres

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.

Economics and Public FinanceGovernment information and archivesGovernment studies and investigationsCongressional operations and organizationSenateAdvisory bodiesPresidents and presidential powers, Vice PresidentsBudget deficits and national debtBudget processHouse of RepresentativesLegislative rules and procedure

Why This Matters

This bill creates a national commission to find ways to balance the federal budget and improve financial stability over time.

If you are a taxpayer, this commission aims to balance the federal budget by 2035, which could impact government services and spending.

Who this affects

taxpayers · government officials

What changes is this bill making?

1The bill sets up a new commission to improve the country's financial situation.
2This commission will have 18 members, including appointments from both political parties.
3Members will focus on balancing the budget within ten years, excluding interest payments.
4The commission will also address long-term spending and revenue gaps for the Federal Government.
5It must submit a final report with recommendations within one year of its formation.

Read the detailed summary

Sustainable Budget Act of 2025This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term. The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures. Congress must consider the commission's recommendations using specified expedited legislative procedures.

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