[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7808 Introduced in House (IH)]

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119th CONGRESS
  2d Session
                                H. R. 7808

 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.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 4, 2026

 Mr. Smucker (for himself, Mr. Golden of Maine, Mr. Cline, Ms. Perez, 
    Mr. Yakym, Mr. Suozzi, Mr. Bacon, Mr. Meuser, Mr. Panetta, Mr. 
 Grothman, Mr. Peters, and Mr. Davis of North Carolina) introduced the 
following bill; which was 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

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                                 A BILL


 
 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.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Debt-to-GDP Transparency and 
Stabilization Act''.

SEC. 2. RATIO OF PUBLIC DEBT TO GDP INCLUDED IN PRESIDENT'S BUDGET 
              SUBMISSION AND CONCURRENT RESOLUTION ON THE BUDGET.

    (a) President's Budget Submission.--Section 1105(a) of title 31, 
United States Code, is amended--
            (1) in paragraph (10), by striking the period at the end 
        and inserting ``, including the ratio of the public debt to the 
        estimated gross domestic product.''; and
            (2) by adding at the end the following:
            ``(39) the ratio of the surplus or deficit to the estimated 
        gross domestic product.''.
    (b) Concurrent Resolution on the Budget.--Section 301(a) of the 
Congressional Budget and Impoundment Control Act of 1974 is amended--
            (1) in paragraph (6), by striking ``and'' at the end;
            (2) in paragraph (7), by striking the period at the end and 
        inserting a semicolon; and
            (3) by adding at the end the following:
            ``(8) the ratio of the public debt to the estimated gross 
        domestic product; and
            ``(9) the ratio of the surplus or deficit to the estimated 
        gross domestic product.''.
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