Fiscal State of the Nation Resolution
3/13/2024, 1:08 PMSummary of Bill SCONRES 10
Bill 118 sconres 10, also known as the Fiscal State of the Nation Resolution, is a piece of legislation introduced in the US Congress. The purpose of this bill is to assess and report on the current fiscal state of the nation, including the federal budget, national debt, and overall economic outlook.The resolution calls for a comprehensive analysis of the federal budget, including revenues, expenditures, and deficits. It also requires an examination of the national debt, including trends over time and potential implications for future generations. Additionally, the bill mandates a review of key economic indicators, such as GDP growth, unemployment rates, and inflation.
The Fiscal State of the Nation Resolution aims to provide Congress and the public with a clear understanding of the country's financial health and to identify areas of concern that may require legislative action. By promoting transparency and accountability in fiscal matters, the bill seeks to ensure responsible stewardship of taxpayer dollars and sustainable economic growth. Overall, Bill 118 sconres 10 is a non-partisan effort to assess the fiscal state of the nation and inform decision-making on budgetary and economic policy. It underscores the importance of sound financial management and long-term planning to ensure the prosperity and well-being of the American people.
Congressional Summary of SCONRES 10
Fiscal State of the Nation Resolution
This concurrent resolution requires the congressional budget committees to conduct an annual joint hearing to receive a presentation from the Comptroller General regarding (1) the Government Accountability Office's audit of the financial statement of the executive branch, and (2) the financial position and condition of the federal government.
Read the Full Bill
Current Status of Bill SCONRES 10
Bill SCONRES 10 is currently in the status of Bill Introduced since May 18, 2023. Bill SCONRES 10 was introduced during Congress 118 and was introduced to the Senate on May 18, 2023. Bill SCONRES 10's most recent activity was Referred to the Committee on the Budget. (text: CR S1753) as of May 18, 2023Bipartisan Support of Bill SCONRES 10
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
0Unaffiliated Sponsors
1Total Number of Cosponsors
12Democrat Cosponsors
2Republican Cosponsors
8Unaffiliated Cosponsors
2Policy Area and Potential Impact of Bill SCONRES 10
Primary Policy Focus
Economics and Public FinanceAlternate Title(s) of Bill SCONRES 10
Fiscal State of the Nation ResolutionFiscal State of the Nation ResolutionA concurrent resolution providing for an annual joint hearing of the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch.Comments
Most relevant
Sponsors and Cosponsors of SCONRES 10
Latest Bills
To amend the Agriculture Improvement Act of 2018 to reauthorize the dairy business innovation initiatives.
Bill HR 985March 25, 2025
Full-Year Continuing Appropriations and Extensions Act, 2025
Bill HR 1968March 25, 2025
Love Lives On Act of 2025
Bill S 410March 25, 2025
Children and Teens’ Online Privacy Protection Act
Bill S 836March 25, 2025
Federal Prisons Accountability Act of 2025
Bill S 698March 25, 2025
FISH Act of 2025
Bill S 688March 25, 2025
A bill to establish in the Department of State the Office to Monitor and Combat Islamophobia, and for other purposes.
Bill S 805March 25, 2025
A bill to amend the Internal Revenue Code of 1986 to exclude from gross income interest received on certain loans secured by rural or agricultural real property.
Bill S 838March 25, 2025
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Environmental Protection Agency relating to "Review of Final Rule Reclassification of Major Sources as Area Sources Under Section 112 of the Clean Air Act".
Bill SJRES 31March 25, 2025
A bill to support democracy and the rule of law in Georgia, and for other purposes.
Bill S 868March 25, 2025