HRES981119th CongressWALLET

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.

Sponsored By: Representative Huizenga

Introduced

Summary

Set a national goal to cut the federal deficit to 3% of GDP or less by fiscal year 2030. The resolution pairs that target with steps to tighten budget rules and require analysis so lawmakers can track progress toward the goal.

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  • Families and households: Aims to reduce risks the resolution ties to big deficits, such as higher interest rates and rising costs of living; it notes the FY2025 deficit was about $1.8 trillion or roughly 6% of GDP.
  • Workers and national security: Frames rising deficits as threats to economic growth and national security, pushing policymakers to reconsider spending and revenue priorities.
  • Congress and the President: Would ask the President to submit budgets that show a path to the target and ask Congress to align budget allocations with meeting the goal.
  • Budget analysts: Directs the Congressional Budget Office to include statements in cost estimates about consistency with the target and encourages the Joint Committee on Taxation to provide supplemental analysis.
  • House committees: Orders the House Budget Committee to recommend enforcement options within 180 days and the House Rules Committee to suggest rule changes to make enforcement harder to waive.

*If followed, the resolution would steer federal policy toward cutting deficits to 3% of GDP or less by fiscal year 2030, aiming to reduce future federal deficits.*

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Lower the federal deficit to 3%

If adopted, this resolution would ask Congress to cut the federal deficit to 3% of GDP by the end of fiscal year 2030. It would ask Congress to keep working toward a balanced budget after that. It would ask the President to submit budgets that lay out a path to meet and sustain the target. It would ask the House Budget Committee, within 180 days, to recommend enforcement options such as points of order and a backstop if the target is not projected to be met. It would ask the House Rules Committee, within 180 days, to recommend rule changes that make budget-enforcement rules and enforcement of PAYGO hard to waive. It would encourage CBO and JCT to show how major bills affect progress. It would say efforts should examine discretionary spending, direct spending, and revenues and avoid timing shifts, reclassifications, or other budgetary gimmicks. These are recommendations and would not themselves change law or spending.

Sponsors & CoSponsors

Sponsor

Huizenga

MI • R

Cosponsors

  • Peters

    CA • D

    Sponsored 1/7/2026

  • Smucker

    PA • R

    Sponsored 1/7/2026

  • Quigley

    IL • D

    Sponsored 1/7/2026

  • Arrington

    TX • R

    Sponsored 1/7/2026

  • Case

    HI • D

    Sponsored 1/7/2026

  • Womack

    AR • R

    Sponsored 1/7/2026

  • Panetta

    CA • D

    Sponsored 1/7/2026

  • Houchin

    IN • R

    Sponsored 1/7/2026

  • Perez

    WA • D

    Sponsored 1/7/2026

  • Moore (UT)

    UT • R

    Sponsored 1/7/2026

  • Houlahan

    PA • D

    Sponsored 1/7/2026

  • Johnson (SD)

    SD • R

    Sponsored 1/7/2026

  • Golden (ME)

    ME • D

    Sponsored 1/7/2026

  • Estes

    KS • R

    Sponsored 1/7/2026

  • Beyer

    VA • D

    Sponsored 2/12/2026

  • Schweikert

    AZ • R

    Sponsored 2/12/2026

  • Suozzi

    NY • D

    Sponsored 3/2/2026

  • Edwards

    NC • R

    Sponsored 3/2/2026

Roll Call Votes

No roll call votes available for this bill.

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