(Reuters) -The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary Scott Bessent said on Wednesday. "The deficit-to-GDP, which is the important ...
House Resolution 981 would limit annual deficits to 3% of gross domestic product, or GDP, a measure of the nation's total economic activity, by 2030 or sooner. Last year's budget deficit was about ...
(The Center Square) – Lawmakers introduced a bipartisan proposal to cap annual deficits at 3% of GDP, but this resolution would still permit spending beyond annual revenue. House Resolution 981 would ...
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