Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and 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.
Summary
This non‑binding resolution asks Congress to set a fiscal target of a deficit no larger than 3 percent of gross domestic product and to meet that goal by the end of fiscal year 2030. It also calls for continued deficit reduction until the budget is balanced. The measure is meant to guide future budgeting and highlight the perceived risks of high deficits for the economy and national security.
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