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Proposed

Resolution · 119th Congress · SRES 654

A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.

Refreshed 5 h ago

Introduced 2026-03-20Topic: budget · taxes · economy jobs

Summary

Summary by the Congressional Research Service

This resolution expresses the sense of the Senate that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2026-03-20SenateReferred to the Committee on the Budget. (text: CR S1444)refer
2026-03-20Submitted in Senateintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-09-11. Provisions and opinion polling arrive in a later release.