# 119-hr-7026: Fiscal State of the Nation Act

119-hr-7026, Fiscal State of the Nation Act, is a 119th Congress bill sponsored by Rep. Barr, Andy [R-KY-6] (R-KY); status introduced (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-7026
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-7026
- Congress: 119
- Title: Fiscal State of the Nation Act
- Status: introduced
- Introduced: 2026-01-13
- Sponsor: Rep. Barr, Andy [R-KY-6] (R-KY)
- Cosponsors: 11
- Policy area: Economics and Public Finance
- Touches household money: no
- Last recorded action: 2026-09-21

## Summary

**Annual public GAO presentations of the federal government's audited financial statement.** This bill would require the House and Senate Budget Committees to hold a joint hearing to receive the Comptroller General's review and analysis of the executive branch's audited financial statement. - Budget Committee timing: Chairs must schedule the joint hearing within 45 days after the Secretary of the Treasury submits the audited financial statement. The requirement applies to audited statements submitted on or after the Act's enactment. - Member access: Any Senator and any Member of the House may participate in the joint hearing on the same terms as Budget Committee members. - GAO presentation standards: The Comptroller General must present professional, objective, fact‑based information in line with the Government Accountability Office's Strategies and Means. - Transparency and scope: Hearings must be open to public radio, television, and still photography and the presentation must analyze measures like net operating cost, income, budget deficits or surpluses, and long-term fiscal projections.

## Cosponsors (11)

- Rep. Peters, Scott H. [D-CA-50] (D-CA), 2026-01-13T00:00:00.000Z
- Rep. Panetta, Jimmy [D-CA-19] (D-CA), 2026-02-03T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2026-03-24T00:00:00.000Z
- Rep. Harrigan, Pat [R-NC-10] (R-NC), 2026-03-25T00:00:00.000Z
- Rep. Lee, Susie [D-NV-3] (D-NV), 2026-03-26T00:00:00.000Z
- Rep. Harshbarger, Diana [R-TN-1] (R-TN), 2026-04-09T00:00:00.000Z
- Rep. Bacon, Don [R-NE-2] (R-NE), 2026-04-27T00:00:00.000Z
- Rep. Lucas, Frank D. [R-OK-3] (R-OK), 2026-04-29T00:00:00.000Z
- Del. Moylan, James C. [R-GU-At Large] (R-GU), 2026-05-12T00:00:00.000Z
- Rep. Mann, Tracey [R-KS-1] (R-KS), 2026-05-13T00:00:00.000Z
- Rep. Scholten, Hillary J. [D-MI-3] (D-MI), 2026-06-02T00:00:00.000Z

## Related bills

- 119-hr-2102: Major Richard Star Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-1151: Freedom to Invest in Tomorrow’s Workforce Act
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act

## Sources
- [119-hr-7026 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/7026)

## Related
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-1151: Freedom to Invest in Tomorrow’s Workforce Act](https://policyrisk.com/legislation/119-hr-1151)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-1993: 25th Anniversary of 9/11 Commemorative Coin Act](https://policyrisk.com/legislation/119-hr-1993)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-7026 (as of 2026-09-21).