House encourages government to aim for smaller budget deficit by 2030.
This resolution from the House of Representatives encourages Congress and the President to work towards cutting the federal budget deficit to 3% of the nation's economy or less by the end of the government's budget year 2030. This goal aims to improve long-term economic stability for all Americans by addressing the current high national debt and interest payments.
Today, the federal budget deficit was about $1.8 trillion (6% of the nation's economy) in the government's budget year 2025, and the national debt is nearly $31 trillion. If this resolution passes, the House of Representatives would formally state its opinion that the government should aim to cut the deficit to 3% of the nation's economy or less by the end of the government's budget year 2030, encouraging specific actions from Congress and the President to achieve this.
HRES 981 · 119th Congress · January 7, 2026 · AI Summary by gemini-2.5-flash · 8/10
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