Bill119th CongressFiled Mar 20, 2026Economics and Public Finance
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.
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What it doesSummary introduced in senate (Mar 20, 2026)
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.
What just happenedMar 20, 2026
Referred to the Committee on the Budget. (text: CR S1444)
Who’s behind it
Sen. Cramer, Kevin [R-ND](R-ND)Sponsor
3 cosponsors1 D1 R1 I
3cosponsors1committees2actions1related bills
- Introduced in SenateMar 20, 2026
- Mar 20, 2026IntroReferral
Referred to the Committee on the Budget. (text: CR S1444)
- Mar 20, 2026IntroReferral10025
Submitted in Senate