Requiring consideration of the most recent financial report of the United States Government in the preparation of the budget of the Government.
Referred to the House Committee on the Budget.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jul 13, 2006
Requires the House and Senate Budget Committees, in preparing the annual concurrent resolution on the budget, to take into account the most recent financial report of the federal government.
Requires the President, in preparing his annual budget submission to Congress, also to take such report into account.
Requires the Committees and the President especially to take into account any information regarding the government's net operating cost, net position, and long-term liabilities.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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