H.R. 7808 Introduced Economics and Public Finance

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.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Smucker, Lloyd [R-PA-11] Introduced March 4, 2026 Cosponsors 15 (8 R, 7 D) Latest action March 4, 2026

Summary

Debt-to-GDP Transparency and Stabilization Act
This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the ratio of the surplus or deficit to the estimated GDP. 

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  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.
  2. Mar 4, 2026 Introduced in House

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