Debt-to-GDP Transparency and Stabilization Act

Report federal debt and deficit ratios

This bill would require two GDP-based numbers in the President's annual budget and in Congress's concurrent budget resolution. It would show the public debt divided by estimated gross domestic product. It would also show the surplus or deficit divided by estimated gross domestic product. These numbers would be included in materials prepared by the Office of Management and Budget and in the budget resolution. The bill text does not specify a start date.