Budgeting for a Better America Act

This bill would change the federal budget process so that Congress adopts a budget resolution every two years instead of every year, starting in January 2027, with a deadline of May 1 in odd-numbered years. It would create an 18-member National Commission on Fiscal Responsibility and Reform to recommend policies aimed at a yearly deficit of 3 percent of gross domestic product within 10 years, and would require Congress to vote on the commission's proposals without amendments under fast-track rules. The President's budget would have to include an analysis of long-term unfunded obligations in entitlement programs over 25, 50, and 75 years. The bill would also require a yearly hearing on the government's financial condition, a budget briefing for new members of Congress, and would add the leaders of three House committees to the House Budget Committee.

Full text and official record on Congress.gov

Sponsors

• Steve Womack Republican sponsor
• 18 cosponsors