A resolution expressing the sense of the Senate that the United States should reduce and maintain the Federal unified budget deficit at or below 3 percent of gross domestic product.

This resolution proposes that Congress adopt a fiscal target to reduce the federal unified budget deficit to 3 percent of the gross domestic product or less by the end of fiscal year 2030. It further expresses that once this target is met, Congress should continue efforts toward the goal of achieving a balanced federal budget.

This resolution primarily affects Congress by establishing a fiscal target for the legislative body to reduce the federal unified budget deficit. The resolution also outlines long-term goals for congressional action regarding the pursuit of a balanced federal budget once the initial deficit reduction targets are met.

• Establishment of a federal deficit target. The resolution states that Congress should adopt a fiscal target to reduce the federal unified budget deficit to 3 percent of the gross domestic product or less by the end of fiscal year 2030.
• Long-term goal of a balanced budget. The resolution expresses that once the 3 percent deficit target is met, Congress should continue deficit reduction efforts with the ultimate objective of achieving a balanced federal budget.

The resolution proposes that Congress adopt a fiscal target to reduce the federal budget deficit to 3 percent of gross domestic product or less as soon as possible and no later than the end of fiscal year 2030.

This resolution establishes a fiscal target for Congress to reduce the federal unified budget deficit to 3 percent of gross domestic product or less by the end of fiscal year 2030. It further expresses that once this target is met, Congress should continue deficit reduction efforts with the ultimate goal of achieving a balanced federal budget.