Search Results: keywords:"national debt"

  • H. RES. 1493 — Strongly condemning Vice President Kamala Harris for championing policies that would exacerbate the national debt and reduce energy independence.
    Status:Introduced in House
    Words:223

    H. RES. 1493 is a resolution introduced in the House of Representatives during the 118th Congress, strongly criticizing Vice President Kamala Harris for supporting policies believed to increase the national debt and undermine energy independence in the United States. The resolution points out...

    Simple Explanation

    A group in the U.S. House of Representatives is upset with Vice President Harris because they think her ideas for the environment might make the country owe more money and buy more energy from other countries. They want to say out loud that they don't like her plans.

  • S. RES. 600 — Recognizing the national debt as a threat to national security.
    Status:Agreed to Senate
    Words:169

    S. RES. 600 is a resolution passed by the Senate recognizing the national debt as a serious threat to the United States' national security. As of January 2024, the national debt exceeded $34 trillion, with significant implications on fiscal policies and increased interest expenses potentially...

    Simple Explanation

    The Senate made a plan saying the big amount of money the United States owes is making it hard to keep the country safe. They want to fix the way they spend money to make sure it doesn't become a big problem.

  • S. 5623 — To establish a debt reduction fund to reduce the national debt of the United States.
    Status:Introduced in Senate
    Words:504

    S. 5623 aims to establish a Debt Reduction Fund within the U.S. Treasury to help decrease the national debt. The bill proposes that 25% of the revenue from Federal oil and gas lease sales be deposited into this fund. The money collected is to be used exclusively to reduce the...

    Simple Explanation

    S. 5623 is like a big piggy bank for the United States to help pay off its huge credit card bill. It wants to save money from selling oil and gas to pay back what it owes, making sure that once a year, it tells everyone how much money it has put in and how much debt has been reduced.

  • H. R. 9504 — To amend the Help America Vote Act of 2002 to require information on the national debt to be included on ballots in elections for Federal office, and for other purposes.
    Status:Introduced in House
    Words:367

    H. R. 9504 seeks to amend the Help America Vote Act of 2002 by requiring that ballots used in federal elections include information about the national debt. Specifically, each ballot must display the total gross federal debt for the three most recent fiscal years, as...

    Simple Explanation

    The bill wants to add a rule that says when grown-ups go to vote, they should also see numbers showing how much money the country owes (national debt) from the last three years written on the voting paper.

  • H. R. 6957 — To require that the President’s annual budget submission to Congress and any concurrent resolution on the budget include the ratio of the public debt to the estimated gross domestic product of the United States, and for other purposes.
    Status:Introduced in House
    Words:404

    The Debt-to-GDP Transparency and Stabilization Act (H.R. 6957) aims to make it a requirement that the President's annual budget submission to Congress, as well as any concurrent budget resolutions, include information on the ratio of public debt to the estimated gross...

    Simple Explanation

    The Debt-to-GDP Transparency and Stabilization Act (H.R. 6957) is a big rule that says the President must tell the people in charge of money how big the country's debt is compared to the size of everything we make, called GDP, every year. This helps them know if the country’s borrowing is too much or just right.

  • H. R. 6927 — To establish a commission on national debt and fiscal reforms.
    Status:Introduced in House
    Words:3,545

    H.R. 6927 establishes a commission to address the national debt and propose fiscal reforms. The commission, composed of 16 Congressional members with fiscal expertise, must identify strategies for maintaining a sustainable public debt-to-GDP ratio, improve long-term solvency of federal trust...

    Simple Explanation

    This bill wants to gather a group of smart government people to find ways to keep the country's money problems under control, and they have to share their ideas with other leaders by the end of the year.

  • S. 168 — To establish a debt reduction fund to reduce the national debt of the United States, and for other purposes.
    Status:Introduced in Senate
    Words:625

    S. 168 aims to reduce the national debt of the United States by establishing a "Debt Reduction Fund" within the U.S. Treasury. The bill mandates that 25% of revenues from Federal oil and gas lease sales and activities related to Executive Order 14141 on artificial...

    Simple Explanation

    The bill wants to save money from oil and gas sales and some tech stuff to help pay off the United States' big money bills, kind of like using part of your allowance to pay off a loan.