S.2548: Intergenerational Financial Obligations Reform Act

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Intergenerational Financial Obligations Reform Act This bill requires the Congressional Budget Office, the Office of Management and Budget, and the Government Accountability Office to provide various reports that include a fiscal gap analysis and a generational accounting analysis. Under the bill, the fiscal gap generally refers to the sum of (1) the total amount of Treasury liabilities outstanding on the last day of the budget year, and (2)...

(Source: Library of Congress)

Bill Actions

Date Description
July 29, 2021
Read twice and referred to the Committee on the Budget.
July 29, 2021

Introduced in the Senate by Mike Braun (R-Ind.)

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