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Reducing the Federal Budget Deficit
Recent Bills/Reducing the Federal Budget Deficit

Reducing the Federal Budget Deficit

IntroducedJanuary 7, 2026
Introduced8 months ago
Intro
House
Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and 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 Finance
More:Recently Introduced BillsEconomyResolutions
Why This Matters

This resolution expresses the opinion of the House of Representatives that the United States should lower its budget deficit to 3 percent of gross domestic product or less by 2030.

If you care about the economy, this resolution aims to ensure responsible government spending for the future.
Who this affects
taxpayers · future generations · concerned citizens
What does this resolution do?
  1. 1The resolution calls for the federal budget deficit to be below 3 percent of gross domestic product by 2030.
  2. 2It emphasizes the need for Congress to create budgets that support this deficit target.
  3. 3The resolution encourages committees to recommend rules and options to enforce this target effectively.
  4. 4It aims to protect future generations from the risks of rising national debt and interest rates.
Read the detailed summary

This resolution expresses the sense of the House of Representatives that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.

Read full document
Resolution Progress1 of 2
Resolutions must be adopted by the chamber that introduced them.
Intro
House
IntroducedCurrentJan 7

Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and 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.

Sponsors
See all 21 sponsors
House
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