SRES 654 119th Congress
A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.
This resolution expresses the sense of the Senate 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.
Excerpt from the latest CRS summary Mar 20, 2026 Congress.gov
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Introduction Congress.gov
Introduced
Introduced in the Senate.
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Referred to the Committee on the Budget. (text: CR S1444)
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Submitted in Senate
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Introduced in Senate
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| Date and time | Record | Official detail | Source |
|---|---|---|---|
| IntroductionIntroduced | Introduced in the Senate. | Congress.gov | |
| Official actionReferred to the Committee on the Budget. (text: CR S1444) | No additional detail supplied.IntroReferral · Senate | Congress.gov | |
| Official actionSubmitted in Senate | No additional detail supplied.IntroReferral · Library of Congress · Code 10025 | Congress.gov | |
| Text versionIntroduced in Senate | A dated text-version record is available. | Congress.gov |
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Congressional Research Service
CRS summary
This resolution expresses the sense of the Senate 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.
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Text versions
- Introduced in SenateMar 20, 2026