Bill > HRes981

This resolution expresses the sense of the House of Representatives that the United States should aim to reduce its annual Federal unified budget deficit to 3 percent of gross domestic product (GDP), a measure of the total value of goods and services produced in the country, or less, as soon as possible and no later than the end of fiscal year 2030. The resolution further calls for continued deficit reduction efforts to achieve a balanced budget after reaching this target, and urges the President and Congress to submit and adopt budgets that align with this goal. It also proposes mechanisms for enforcing this target, including recommendations from the House Committee on the Budget and changes to House rules to make waiving budget enforcement difficult, as well as requiring the Congressional Budget Office and the Joint Committee on Taxation to report on how legislation impacts progress toward this deficit reduction goal, emphasizing that these efforts should address spending and revenue without resorting to accounting tricks.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-resolution/981/all-info