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Debt Commission Act of 2024
1/12/2024, 10:36 PM
Congressional Summary of HR 6927
Debt Commission Act of 2024
This bill establishes a debt commission within Congress, comprised of Members of Congress. The debt commission shall identify policies to (1) achieve a sustainable ratio of federal debt to gross domestic product, (2) improve the long-term solvency of federal programs funded through trust funds, and (3) enhance the fiscal oversight function of Congress.
The debt commission must submit a report and legislative language to carry out its recommendations. The Congressional Budget Office must provide specified economic and budgetary estimates of the commission's legislative language. Congress shall consider bills submitted by the debt commission in an expedited manner.
Read the Full Bill
Current Status of Bill HR 6927
Bill HR 6927 is currently in the status of Bill Introduced since January 9, 2024. Bill HR 6927 was introduced during Congress 118 and was introduced to the House on January 9, 2024. Bill HR 6927's most recent activity was Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of January 9, 2024
Bipartisan Support of Bill HR 6927
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 6927
Primary Policy Focus
Alternate Title(s) of Bill HR 6927
Debt Commission Act of 2024
Debt Commission Act of 2024
To establish a commission on national debt and fiscal reforms.
Comments
Sponsors and Cosponsors of HR 6927
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