introduced the Debt-to-GDP Transparency and Stabilization Act ... to increase transparency and provide greater insight into our nation’s growing national debt and require the President’s annual budget and congressional budget resolutions to include the ratio of the public debt to the estimated gross domestic product (GDP)
Smucker will keep pushing legislation to increase transparency and accountability around the national debt, including requiring debt-to-GDP reporting in budget documents and Treasury reporting when the debt limit is near.
Occurrences
Evidence
Action: Mr. Smucker (for himself, Mr. Golden of Maine, Mr. Cline, Ms. Perez, Mr. Yakym, Mr. Suozzi, Mr. Bacon, Mr. Meuser, Mr. Panetta, Mr. Grothman, Mr. Peters, and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on the Budget ... Bill Version: Introduced in House (IH) ... Short Title: Debt-to-GDP Transparency and Stabilization Act ... Full Title: 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.
Sponsor: Rep. Smucker, Lloyd [R-PA-11] (Introduced 12/18/2025) ... Committees: House - Ways and Means ... Latest Action: House - 12/18/2025 Referred to the House Committee on Ways and Means ... This bill has the status Introduced.
Assessments
Smucker materially acted on the promise during the same federal term by introducing legislation matching both specified transparency mechanisms: debt-to-GDP reporting in budget documents and Treasury reporting when the debt limit is near. The bills had not passed based on the provided records, but the promise was framed as continuing to push legislation rather than guaranteeing enactment, so introduction and referral of directly responsive bills is enough to count as delivered on the promised action.