In CommitteeFiled Mar 5, 2026
Sponsor: Sen. Curtis, John R. [R-UT] (R)
Latest Action
Read twice and referred to the Committee on Rules and Administration.
Mar 5, 2026
Summary
The Fiscal Commission Act establishes a new commission within Congress that will examine the United States’ fiscal outlook, educate the public, and recommend policies to improve the long‑term health of the federal budget. It targets the federal debt, deficit, and the solvency of trust funds, aiming for a debt‑to‑GDP ratio of no more than 100% by fiscal year 2039. The commission’s findings and legislative proposals must be made public within 24 hours of approval.
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