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OfficialUS · federal · United States CongressHR.7808· House· 119th Congress
Debt-to-GDP Transparency and Stabilization Act
Sponsored byRep. Smucker, Lloyd [R-PA-11]
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Official summary
Debt-to-GDP Transparency and Stabilization Act This bill requires the President's annual budget and congressional budget resolutions to include (1) the ratio of the public debt to the estimated gross domestic product (GDP), and (2) the ratio of the surplus or deficit to the estimated GDP.