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.

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
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6927

Primary Policy Focus


Alternate Title(s) of Bill HR 6927

Debt Commission Act of 2024Debt Commission Act of 2024To establish a commission on national debt and fiscal reforms.
Start holding our government accountable!

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