Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.

1/8/2026, 5:55 PM

Summary of Bill HRES 981

The bill, designated as H.Res. 981 in the 119th Congress and introduced on January 7, 2026, expresses the House of Representatives' sentiment that the United States should aim to decrease and cap the Federal unified budget deficit at or below 3 percent of the gross domestic product.

Congressional Summary of HRES 981

This resolution expresses the sense of the House of Representatives that (1) Congress should adopt a fiscal target to reduce the federal budget deficit to 3% of gross domestic product or less as soon as possible and no later than the end of FY2030; and (2) after the target is achieved, Congress should continue to pursue further deficit reduction with the goal of achieving a balanced federal budget.

Current Status of Bill HRES 981

Bill HRES 981 is currently in the status of Bill Introduced since January 7, 2026. Bill HRES 981 was introduced during Congress 119 and was introduced to the House on January 7, 2026. Bill HRES 981's most recent activity was Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and 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 7, 2026

Bipartisan Support of Bill HRES 981

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HRES 981

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill HRES 981

Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.