HR 7808 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill says that the President's yearly budget plan and Congress's budget plans must show two things: how the country's debt compares to the total size of the economy, and how the yearly surplus or deficit compares to the total size of the economy. These comparisons would be shown as ratios, making it easier to see the debt and deficit relative to how much money the country produces.
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