HR 7808

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. 

Bill status

Status

In committee

Sponsor

Rep. Lloyd Smucker [R-PA-11]

Cosponsors

15

Policy area

Economics and Public Finance

Introduced

2026-03-04

Latest action

2026-03-04: 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.

Committee referrals

• Rules Committee: House · Referred To · 2026-03-04
• Budget Committee: House · Referred To · 2026-03-04

Recent actions

• 2026-03-04: 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.
• 2026-03-04: 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.
• 2026-03-04: Introduced in House
• 2026-03-04: Introduced in House