HRES. 981In Committee
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.
Expresses the House's view that Congress should cut the federal unified budget deficit to 3 percent of gross domestic product or less by the end of fiscal year 2030 and then keep pursuing a balanced budget
Plain-English overview
What this bill does
Expresses the House's view that Congress should cut the federal unified budget deficit to 3 percent of gross domestic product or less by the end of fiscal year 2030 and then keep pursuing a balanced budget
Key points
- Express support for deficit target
Current status
Where it stands
Status
In Committee
Latest action
2026-01-07 — 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.
Related context
Topics and policy areas
undefinedEconomics and Public Finance