Providing that the House of Representatives is committed to restoring America's financial foundation by achieving a Federal spending target of 20 percent of gross domestic product (GDP) and a Federal revenue target of 20 percent of GDP by the end of calendar year 2020.
Declares that the House of Representatives is committed to the pursuit of policies that achieve a federal spending target of 20% of GDP and a federal revenue target of 20% of GDP by the end of the calendar year 2020.
Actions
Jan 4, 2013
Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.