SRES. 654In Committee
A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
Expresses the Senate'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 Senate'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
2026-03-20 — Referred to the Committee on the Budget. (text: CR S1444)
Related context
Topics and policy areas
undefinedEconomics and Public Finance