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H.R. 6895 (119th Congress)Committee
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Debt Solution and Accountability Act

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Summary

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The Debt Solution and Accountability Act requires the Secretary of the Treasury to submit detailed reports to Congress before the federal debt limit is increased, including analyses of current and projected debt levels, the President's proposals to reduce debt growth across multiple timeframes, and fiscal sustainability of major entitlement programs. The bill also mandates that Treasury make these reports publicly accessible and provide financial data to relevant congressional committees upon request.

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