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 jobsSummary
Summary by the Congressional Research ServiceThis 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.
Sponsors
- Kevin Cramer Republican sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2026-03-20 | Senate | Referred to the Committee on the Budget. (text: CR S1444) | refer |
| 2026-03-20 | Submitted in Senate | introduce |