SRES 654

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.

Summary

This resolution expresses the sense of the Senate that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.

Bill status

Status: In committee
Sponsor: Sen. Kevin Cramer [R-ND]
Cosponsors: 3
Policy area: Economics and Public Finance
Introduced: 2026-03-20
Latest action: 2026-03-20: Referred to the Committee on the Budget. (text: CR S1444)

Committee referrals

Budget Committee: Senate · Referred To · 2026-03-20

Recent actions

2026-03-20: Referred to the Committee on the Budget. (text: CR S1444)
2026-03-20: Submitted in Senate