H.R. 6957 Congress 118 session

Debt-to-GDP Transparency and Stabilization Act

Debt-to-GDP Transparency and Stabilization Act This bill requires the President's annual budget and congressional budget resolutions to include the ratio of the public debt to the estimated gross domestic product. 

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

Awaiting a floor vote — last recorded action January 18, 2024

Ordered to be Reported by Voice Vote.

Passage likelihood

18% Lower than most bills at this stage

This is an estimate, not a guarantee. It is computed from the signals listed below and nothing else. It does not account for leadership priorities, floor scheduling, or negotiations that are not in the public record.

What the estimate is based on

  • Historical base rate About 4% of introduced federal bills are enacted.
  • Current stage Scheduled for or awaiting a floor vote.
  • Cosponsors 26 cosponsors.
  • Bipartisan cosponsorship Cosponsors come from 2 parties.
  • Days without action No recorded action in 965 days.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. Ordered to be Reported by Voice Vote.
  2. Committee Consideration and Mark-up Session Held
  3. Referred to the Committee on the Budget, and in addition to the Committee on 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.
  4. Referred to the Committee on the Budget, and in addition to the Committee on 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.
  5. Introduced in House
  6. Introduced in House
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