- Stage
- In committee
- Started in
- House
- Sponsors
- 43
- Latest action
- May 8, 2025
What it does
The Fiscal Commission Act would establish a 16-member bipartisan commission within Congress to identify policies that improve the long-term fiscal condition of the federal government, including reducing the debt and deficit, achieving a public debt-to-GDP ratio of no more than 100% by fiscal year 2039, and ensuring the solvency of federal trust fund programs for at least 75 years. The commission, composed of equal numbers of Senate and House members from both parties plus outside experts (who serve in a nonvoting capacity), would be required to produce a report and legislative language by November 2026 (with a possible extension to April 2027) that includes Congressional Budget Office…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.