H.Res. 981 explained · 119th Congress · Pending in Congress
Expressing the sense of the House of Representatives that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
Cosponsors: 20 (10 D, 10 R) · per Congress.gov, 2026-10-09
Introduced: 2026-01-07
Latest action (2026-01-07): Referred to the Committee on the Budget, and in addition to the Committees on Ways and Means, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
What H.Res. 981 does, in plain terms
This resolution expresses the sense of the House of Representatives 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.
Official summary by the Congressional Research Service, via Congress.gov.
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