OPENING THE RECORD
OPENING THE RECORD
H.R. 7808 · 119TH CONGRESS
This has not become law. Both chambers must pass the same text before sending it to the president. How a bill becomes law.
CONGRESSIONAL RESEARCH SERVICE
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.
Written by the Congressional Research Service for this version of the bill. Later versions may differ. Read at Congress.gov.