H.R. 7656 Congress 118 session
Balanced Budget and Accounting Act
Balanced Budget and Accounting Act This bill requires the President's annual budget to be a balanced budget in which total outlays do not exceed total receipts during the applicable fiscal year.
Status
- Introduced
- Committee
- Floor vote
- Passed
- Enacted
In committee — last recorded action March 13, 2024
Referred to the House Committee on the Budget.
Passage likelihood
3% Much 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 Referred to committee.
- Cosponsors 9 cosponsors.
- Days without action No recorded action in 910 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
- Referred to the House Committee on the Budget.
- Introduced in House
- Introduced in House