Fiscal State of the Nation Resolution

This resolution would require the House and Senate Budget Committees to hold a joint annual hearing to review the federal government’s financial health. During this hearing, the Comptroller General of the United States would present a nonpartisan audit of the executive branch’s financial statements and provide an overview of the nation’s overall fiscal condition. The goal of the legislation is to increase transparency and ensure that both Congress and the public have a clear, consolidated report on how taxpayer dollars are being managed and the long-term implications of the national debt.