Debt-to-GDP Transparency and Stabilization Act

S 4659, the Debt-to-GDP Transparency and Stabilization Act, requires the President’s annual budget submission and Congress’s budget resolution to include the ratio of public debt to estimated gross domestic product (GDP). This procedural bill directly affects federal budget processes by mandating that this specific metric be added to two key documents: the President’s budget under 31 U.S.C. § 1105(a) and the congressional budget resolution under 2 U.S.C. § 632(a). The bill does not change debt policy but adds transparency by requiring this ratio to be reported alongside other budget figures. It affects the White House budget office and Congressional Budget Office in their standard budget documentation.