S. 4659, also known as the "Debt-to-GDP Transparency and Stabilization Act," requires that the President's annual budget submission to Congress and any concurrent budget resolutions include the ratio of the public debt to the estimated gross domestic product of the United States. This bill...
Simple Explanation
The bill wants the President to tell Congress how much the country owes (the public debt) compared to how much money the whole country makes (GDP) each year, kind of like checking how big someone’s allowance is compared to their chores. This helps everyone understand how well the country is handling its money.