119th Congress
S.Res. 654
A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
- Introduced
- In committee
- Agreed to
- Sponsor
- Kevin Cramer(R-ND)
- Introduced
- Mar 20, 2026
- Policy area
- Economics and Public Finance
- Committees
- Senate Committee on the Budget
- Official text
- Introduced in Senate · Congress.gov page
Cosponsors (3)
Original cosponsors (3)
- Angus S. King, Jr. (I-ME)
- David McCormick (R-PA)
- Gary C. Peters (D-MI)
Summary
Summary by the Congressional Research Service· describes the “Introduced in Senate” version
This resolution expresses the sense of the Senate 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.
Roll-call votes
No recorded votes on this bill.
Actions
- Mar 20, 2026 · Senate
Referred to the Committee on the Budget. (text: CR S1444) - Mar 20, 2026
Submitted in Senate