What does Preamble of Debt-to-GDP Transparency and Stabilization Act do?

This bill requires the President's annual budget submission to Congress and any concurrent resolution on the budget to include the ratio of the public debt to the estimated gross domestic product of the United States. The bill is referred to the Committee on the Budget and the Committee on Rules.

What does SHORT TITLE. of Debt-to-GDP Transparency and Stabilization Act do?

This bill is formally titled the 'Debt-to-GDP Transparency and Stabilization Act'.

What does RATIO OF PUBLIC DEBT TO GDP INCLUDED IN PRESIDENT'S BUDGET of Debt-to-GDP Transparency and Stabilization Act do?

This section amends 31 U.S.C. § 1105(a) to require the President's budget submission to include the ratio of the public debt to the estimated gross domestic product. This section also adds a requirement for the President's budget submission to include the ratio of the surplus or deficit to the estimated gross domestic product. This section amends the Congressional Budget and Impoundment Control Act of 1974, specifically § 301(a), to include the ratio of the public debt to the estimated gross domestic product in the required elements of the concurrent resolution on the budget. The concurrent resolution on the budget must also include the ratio of the surplus or deficit to the estimated gross domestic product.

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Debt-to-GDP Transparency and Stabilization Act

Last updated: 3/4/2026 · Introduced: 3/4/2026

Author: Lloyd Smucker (R-PA)

TL;DR (AI)

The bill mandates that the President's annual budget submission include the ratio of public debt to gross domestic product (GDP).
It requires concurrent resolutions on the budget to also include the ratio of public debt to GDP, alongside the ratio of surplus or deficit to GDP.
This legislation amends existing laws to formally incorporate these debt-to-GDP ratios into the budget submission and resolution processes.

119th Congressin committeeOfficial page

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Other Sections

Includes provisions on preamble, short title., and 1 more.

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