Debt-to-GDP Transparency and Stabilization Act

Hozzl · 2026-04-01T12:35:53Z

Explore the details of House Bill 7808 Debt-to-GDP Transparency and Stabilization Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

4/1/2026, 12:35 PM

Summary of Bill HR 7808

H.R. 7808 of the 119th Congress, introduced on March 4, 2026, aims to mandate the inclusion of the public debt-to-GDP ratio in the President's annual budget submission and any concurrent budget resolutions to Congress, with additional unidentified purposes outlined within the text of the bill.

Congressional Summary of HR 7808

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.

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Current Status of Bill HR 7808

Bill HR 7808 is currently in the status of Bill Introduced since March 4, 2026. Bill HR 7808 was introduced during Congress 119 and was introduced to the House on March 4, 2026. Bill HR 7808'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 March 4, 2026

Bipartisan Support of Bill HR 7808

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

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Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7808

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill HR 7808

To require that the President's annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.

Comments

Jerry Hansen

924

3 months ago

I'm not too sure about this new bill, but it sounds like it could have some impact on our country's debt. I hope it doesn't end up hurting us in the long run.