Fiscal State of the Nation Resolution
This resolution requires the Senate and House Budget Committees to hold an annual joint hearing within 45 days of the Treasury submitting the federal government's audited financial statement. The Comptroller General will present findings from the audit and analyze the government's financial position, including deficits, surpluses, and long-term fiscal projections. The hearing must follow nonpartisan GAO standards to provide objective, fact-based information to Congress. This procedural measure affects only the Budget Committees and the Comptroller General, creating a regular process for reviewing federal finances.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2023
Committee Review
Floor Vote
President
Introduced May 18, 2023
Last action May 18, 2023
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 18, 2023
Committee
Referred to the Committee on the Budget. (text: CR S1753)
upper
May 18, 2023
Introduced
Introduced in Senate
upper
1 primary · 6 co-sponsors
Sponsors
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