Bill > HR7026

This bill, titled the "Fiscal State of the Nation Act," mandates an annual joint hearing where the Budget Committees of both the House of Representatives and the Senate will receive a presentation from the Comptroller General of the United States. This presentation, to be held within 45 days of the Secretary of the Treasury submitting the executive branch's audited financial statement, will focus on the Comptroller General's review of the audit's findings and an analysis of the Federal Government's financial position and condition, including measures like net operating cost, income, deficits, surpluses, and long-term fiscal projections. The Comptroller General is required to ensure this presentation is professional, objective, fact-based, nonpartisan, fair, and balanced, adhering to the strategies and means of the Government Accountability Office (GAO). The joint hearing will be open to the public and will allow any Senator or Member of the House of Representatives to participate, regardless of whether they are on the Budget Committees.

https://www.congress.gov/bill/119th-congress/house-bill/7026/all-info